Word: croucher
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Dates: during 1960-1960
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...Kong as an all-British club in the 1890s. Later another exchange was organized, and gradually Chinese gained admittance to both. After World War II the two exchanges were merged into the present 60-seat establishment, which is dominated by the 45 Chinese members and guided by Chairman Noel Croucher, a 69-year-old Briton who has been active in Hong Kong trading since 1913. Despite the fact that Hong Kong is a cutthroat market, Croucher contends that it is a safe place for money, if all the risks of stock speculation are taken into account. He has never heard...
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