The first blow to the Hong Kong economy came in 1998 with the arrival of the East Asian Financial Crisis. The local bourse's Hang Seng Index responded to the crisis by plunging to just 6600 points, barely half the level of its 1998 peak.
重創香港經濟的第一波，是 98 年席捲整個東亞的金融風暴，香港恆生指數一路狂洩到 6,600 點，較當年最高點腰斬一半。