Hong Kong Federation of Trade Unions (CPC), the ruling party of the People's Republic of China (PRC). It took a leading role in the Hong Kong 1967 Leftist riots against the British rule and was suppressed by the colonial government. In the 1980s, the HKFTU took the vanguard role in opposing faster democratisation in Hong Kong with the conservative business elites during the run up to the Chinese resumption of Hong Kong sovereignty in 1997. The HKFTU leaders became the founding members of the Democratic Alliance for the Betterment of Hong Kong (DAB), today's largest pro-Beijing party, in 1992. Since the late 2000s and early 2010s,
British Hong Kong the Chinese, the Second Convention of Peking was signed on 9 June. Since the foreign powers had agreed by the late 19th century that it was no longer permissible to acquire outright sovereignty over any parcel of Chinese territory, and in keeping with the other territorial cessions China made to Russia, Germany and France that same year, the extension of Hong Kong took the form of a 99-year lease. The lease consisted of the rest of Kowloon south of the Shenzhen River and 230 islands, which became known as the New Territories. The British formally took possession on 16 April