However, on January 2, 1997, just one day after the magazine's publication, the HSI plummeted by 7.6%, its largest single-day drop in history. The market continued to decline, and by the end of 1997, the HSI had fallen by over 20%.
On one fateful day, the magazine published a special issue predicting that the Hang Seng Index (HSI) would skyrocket to 10,000 points within a short period. The issue was dated January 1, 1997, and the magazine confidently claimed that this prediction would come true.
Hong Kong 97 magazine updated, original 1997 articles, collector’s edition, handover history, vintage magazine update.
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