The government's intervention to prop up the Hong Kong stock market last year was necessary, says finance minister Donald Tsang - to keep the elephants of international capital from treading on Hong Kong's small and delicate pond. Our poll finds that most of Hong Kong's financial leaders agree. Tsang speaks to Steven Irvine about who was to blame for the speculative attacks, how the state holding will be unwound and the impact of mainland Chinese equities on the island's market.
July 01, 1999