Todd Marvin got swept up in the Hong Kong celebration on a trip to meet about 15 companies and assess the impact of the handover.
Mr. Marvin, vice president of Marvin & Palmer Associates, Wilmington, Del., said he found mixed emotions. While many people anticipated a bright future under China, they also acknowledged Hong Kong's "tremendous success under the British," he said.
On the historic night of June 30, when Hong Kong ceremoniously returned to "the motherland," a party atmosphere ruled.
Mr. Marvin watched the fireworks, and saw the handover on television while at the home of a Lehman Brothers managing director, which was situated above the governor's mansion. From the managing director's home, attendees got "an unobstructed view of Hong Kong's harbor - a terrific spot for watching the fireworks." After that, he joined the throngs congregating in "various social establishments around Lan Kwai Fung," in Hong Kong - a scene that "looked like New Year's Eve" in New York's Times Square.
Despite the hoopla, "one of the most interesting things was that it went relatively smoothly," he said. "People had been worried that Martin Lee (the local Democratic Party leader) would be put in jail and there would be riots in the streets. Those things didn't happen."
"The British made a graceful exit and after the Chinese came in July 1, things were not different on the streets," he said.