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,
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