Scout Association of Hong Kong and was the first Scout Conference held fully on Scout premises. Honorary President of the World Scout Foundation and King of Sweden Carl XVI Gustaf made a visit to Hong Kong for the 45th Baden-Powell World Fellowship Event at the Hong Kong Scout Centre, which raised US$385,000 for the World Scout Foundation. The sovereignty of Hong Kong was transferred to The People's Republic of China (PRC) on 1 July 1997, but Hong Kong Scouting remained unchanged. Thirteen years previous to Hong Kong's sovereignty transfer, the UK and the PRC had reached an agreement on the future of Hong Kong and
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