It’s 10.27am on a rain-drenched morning in mid-June, less than two weeks before the handover of Hong Kong to China. It is the annual general meeting of a China-backed company in one of the territory’s top hotels.
The company is a record-breaker. When it listed in 1993 it locked up a staggering HK$240 billion ($31 billion) of investors’ money – more than all the notes and coins in circulation in the former colony, now a special administrative region of China.
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