The Dragon and the Crown: Hong Kong Memoirs

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Hong Kong University Press, Nov 1, 2008 - History - 236 pages
While Hong Kong's spectacular economic growth and political development have been well documented, the social and cultural lives of the ordinary people swept up in the changes have not found a significant voice. Through the personal experiences of Stanley Kwan and those around him, this book gives such a voice to people whose lives have been profoundly affected by the dramatic changes, as Hong Kong transitioned from an entrepôt to an international financial centre and from a colony to become a part of China. Wedged between the East and the West – the Dragon and the Crown – Stanley Kwan's life experiences reflect the forces pulling at Hong Kong. He was born into a traditional Chinese banking family but attended King's College under the British colonial system. Fired up by patriotism during the war, he joined the Nationalist Chinese army and served as an interpreter for American forces in southwest China. In 1949, two of his brothers went to the Mainland to join the socialist revolution. Although tempted to join, he stayed in Hong Kong, worked for a British firm and became a "China watcher" at the American Consulate General. He finally joined a local Chinese bank – Hang Seng Bank where, as head of the Research Department, he launched the Hang Seng Index and witnessed the dramatic cycles of the Hong Kong economy. With the prospect of 1997, Stanley Kwan deliberated on his future and decided to retire to Canada in 1984, joining the tide of immigrants from Hong Kong. The book contributes to the ongoing search for Hong Kong identity in the Special Administrative Region and will resonate among people in Hong Kong as well as those interested in the fate of the former colony.

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1 Roots
2 Baptism by Fire
3 Hong Kong after the War
4 Hang Seng Bank
5 New China
6 Home and Country
The Chinese Gold and Silver Exchange Society
The Hang Seng Index
The Teachings of Chairman Ho
Quotations Sayings and Slogans in Chinese

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About the author (2008)

Stanley S. K. Kwan was born in Hong Kong in 1925 into a traditional Chinese banking family. He attended King's College until the fall of Hong Kong in 1941 and joined the Chinese army as an interpreter for US forces during the war. From 1962 until he retired in 1984, he headed the Research Department in Hang Seng Bank. He launched the Hang Seng Index in 1969, served on the government's Statistics Advisory Board during 1976-84 and was awarded the MBE in 1985. He now lives in Toronto, Canada.

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