Waves of mass migrations from Hong Kong villagers exercised their right of abode in the United Kingdom and left for Europe. In 1967, a series of large-scale riots erupted in Hong Kong, causing social instability. These events led some of the richer Hong Kong residents to move abroad. Emigration took place to countries in Southeast Asia, South Africa or South American countries. This wave did not come to a rest until the mid-1970s. On the 19th of December 1984, the People's Republic of China and the United Kingdom signed the "Sino-British Joint Declaration", validated the 1997 transfer of sovereignty over Hong Kong to China. The declaration prompted
Liberalism in Hong Kong quo to a democratic and fairer society. This view was held by Tsang Shu-ki, a prominent thinker in the social activist circle at the time. In January 1983, the liberals formed the Meeting Point favoured the Chinese rule with the slogan of new Three Principles of People, "Nation, Democracy and People's Livelihood." It became one of the earliest groups in Hong Kong favoured Chinese sovereignty over Hong Kong but wanted a free, democratic and autonomous Hong Kong. The Sino-British Joint Declaration of 1984 guaranteed Hong Kong would retain a high degree of autonomy under Chinese sovereignty with the preservation of