This booklet chronicles the emergence of Hong Kong through its stormy history and examines the current status as changes are underway with the return of Hong Kong to China. Maps and charts illustrate the text. Chapters include: (1) Prelude; (2) "The Tiananmen Massacre and Its Aftermath"; (3) "Transition Years: 1991-96"; (4) "Hong Kong's Economy"; and (5) "Uncertain Future. " The booklet concludes with a section for students containing discussion questions and a 16-item list of related readings. (EH)