Nice one Henry. I did enjoy Mr Tang’s suggestion that people should aspire to emulate our multi-millionaires rather than chafing under their yoke. But Mr Tang seemed to have funny ideas about how local fortunes were made. Our local tycoons do not get rich by inventing new things. Loopholes in the planning regulations don’t count.
Youngsters setting out in search of fame and fortune will, sadly, find that many of the avenues formerly leading to wealth are no longer available. China is not now subject to UN sanctions, so patriotic smuggling is out. The insurance companies are much more suspicious than they used to be of mysterious sinkings. Textile quotas are no more. Insider trading is a crime. The government is no longer papering the New Territories with “land entitlements” which can be turned into a fortune on our ever-rising property market. Industry has disappeared, leaving only two rotten boroughs in Legco. The retail sector is pretty much spoken for and the obvious government franchises have all been taken.
Having a rich daddy still works, for some people. Otherwise … well there’s the Mark Six.
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