Those betting on Hong Kong’s bright future have backed a winner

Former governor Chris Patten once said nobody ever profited from betting against Hong Kong. Anybody wagering against its “one country, two systems” policy will undoubtedly be out of pocket. Since 1997, the policy has been the city’s lodestar. While the post-reunification settlement was repeatedly challenged, most notably during the 2019 social unrest, Hong Kong has emerged stronger. The Basic Law sustained it throughout and Beijing’s support was unwavering. With national security legislation,...