Flags all over Hong Kong were lowered to half mast with the announcement of the death of the Chinese leader Mao Tse-Tung.
GV SKYLINE OF HONG: KONG ZOOM INTO CHINESE FLAG AT HALF MAST
GV CHINESE FLAGS AT HALF MAST THROUGHOUT THE CITY (3 SHOTS)
SV BRITISH FLAGS AT HALF MAST ON CITY BUILDING
GV GOVERNMENT HOUSE WITH UNION JACK AT HALF MAST
CU AND GV UNITED STATES EMBASSY WITH FLAG AT HALF MAST (2 SHOTS)
GV SHIPS OF THE SEVENTH FLEET IN HONG KONG HARBOUR WITH FLAGS AT HALF MAST
GV INSIGNIA ON FRONT OF STOCK EXCHANGE
GV PAN STOCK EXCHANGE FLOOR
GV TRADERS ON FLOOR WATCHING AS PRICES DR??? (2 SHOTS)
GV STREET SCENE IN HONG KONG
CU NEWSPAPERS WITH PICTURES OF CHAIRMAN MAC
GV PEOPLE BUYING NEWSPAPERS
CU NEWSPAPER HEADLINES READING "CHINA MOURNS MAC"
GV AND SV PEOPLE ATTENDING TEMPLES AND LIGHTING JOSS STICKS (4 SHOTS)
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Background: Flags all over Hong Kong were lowered to half mast with the announcement of the death of the Chinese leader Mao Tse-Tung. Buildings throughout the city hung out Chinese flags at half mast as a sign of respect for the deceased Chinese leader. The government ordered all public buildings to fly the British Flag at half mast.
The British flag above Government House was the first to be lowered. The United States Embassy followed and lowered all its flags. The United States Consulate General, Mr. Charles T. Cross, read a statement in Mandarin expressing his country's grief at the death of Chairman Hao. American ships from the United States Seventh Fleet in Hong Kong Harbour also dipped their flags.
As soon as the death of the Chinese leader was announced shares on all three Hong Kong Stock Markets plummeted. The city's economic barometer, the Hang Seng Index, dropped by mere than thirty points in less than two hours. Hectic selling pressure rocketed the turnover to more than 165 million Hong Kong Dollars, the highest turnover rate since February this year.
Newspapers issued special editions in both English and Chinese. These were quickly bought out and further editions had to be printed to supply the huge demand for information on the death of Chairman Mao. The huge banner headlines continued to be churned out from the Hong Kong printing machines for more than twenty four hours.
People flocked to temples throughout the colony to offer incense sticks and prayers in honour of the man many Chinese in Hong Kong regard as the greatest Chinese leader in history.