Hong Kong independence a Hong Kong representative in the Sino-British negotiation was rejected by Beijing. In 1984, the British and Chinese governments signed the Sino-British Joint Declaration which stated that the sovereignty of Hong Kong should be transferred to the PRC on 1 July 1997, and Hong Kong should enjoy a "high degree of autonomy" under the "One Country, Two Systems" principle. From 1983 to 1997, Hong Kong saw an exodus of emigrants to overseas countries, especially in the wake of the 1989 Tiananmen Square crackdown, which more than a million Hongkongers showed up on the streets to support to student protesters in
1950s in Hong Kong by the Government. There were no central banks or monetary policies. The Governor did not want to regulate the Hong Kong Stock Exchange even though it had become a serious problem in financing the fast-growing economy at the time. Manufacturers constantly complained about the shortage of investments. Pressure was coming from within and outside Hong Kong to get the policies fixed. 1950s in Hong Kong The 1950s in Hong Kong began against the chaotic backdrop of the resumption of British sovereignty after the Japanese occupation of Hong Kong ended in 1945, and the renewal of the Nationalist-Communist Civil War in