


The summer of 1967 was hardly an auspicious time for M.T.
Geoffrey Yeh to close a huge business deal in Hong Kong. Labor
strife, inspired by left-wing agitation spilling over the border
from China's Cultural Revolution, had led to sporadic riots
across the city, and mobs roamed the streets brandishing stones
and knives. Many local entrepreneurs worried that China might
take advantage of the chaos to seize Hong Kong.
So it took a good deal of courage for Yeh's construction
company, Hsin Chong, to go ahead with building a giant
condominium complex in the troubled colony. Indeed, when Yeh
emerged one sultry morning from an office building in Central,
having wrapped up negotiations on its second contract for the
housing complex, he had to dodge rioters on his way to the ferry
that would take him safely home to Kowloon. But Yeh never
wavered in his determination to pursue contracts that would
eventually lead to his company building a total of 44 towers
with 5,900 apartments between the late '60s and mid-'70s. "We
felt China would not want to recover Hong Kong then. We got a
lot of business at that time," recalls Yeh, allowing himself a
wry smile. "We were, in today's terminology, 'very committed' to
Hong Kong."
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