POP Express Vol. 25 From the Editor - The SAR Government's Intervention in the Stock Market Back

September 1998

As the chaos surrounding the opening of the new airport fades away in people's memory, the government's unprecedented intervention in the stock market made everybody's nerves stand on their ends. As it turned out, the government was politically sound, at least in the short term, to intervene. There were more people in support of the government's action than against it. The ratings of both the Chief Executive and the SAR Government recovered after the intervention.


Whether this trend will continue or not will be determined by the performance of the government and the Chief Executive after the Policy Address.


Chung Ting-yiu Robert