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The Mystery of Capital

Eurasian Entrepreneurs' Socio-Cultural Strategies for Commercial Success in Early 20 th -Century Hong Kong

Bibliographic Data

ID12350360
AuthorsVictor Zheng (0000-0001-9640-2204, University of Hong Kong, corresponding author), Siu-Lun Wong (University of Hong Kong)
Year2010
Volume34
Issue4
Pages467-487
Publication date2010-11-20
Open AccessNo
TypeARTICLE
VenueAsian Studies Review (JOURNAL)
Journal identifiersISSN: 1035-7823 • E-ISSN: 1467-8403
PublisherRoutledge (PUBLISHER • GB)
DOI10.1080/10357823.2010.527919
OpenAlexW2064471263
LanguageEN
Citations received1
References cited12

Unlike economic capital, which is visible and easy to calculate, social capital is intangible and difficult to assess. Although both types of capital are crucial in determining social relations and social behaviour, little solid research has been done on the latter. This paper attempts to use the rags-to-riches story of Sir Robert Ho Tung, a first-generation Hong Kong Eurasian entrepreneur who commenced life without traditional social/cultural capital as the illegitimate son of a Chinese woman and a Dutchman, to illustrate the processes involved in cultivating and accumulating social capital. With special reference to economic development in early colonial Hong Kong and major social transformations in the Chinese mainland, this paper also demonstrates how a group of so-called social/racial “half-caste bastards” (Eurasians) were able to form their own social networks of mutual help and protection. It also considers how they worked to consolidate, mobilise, aggrandise and transmit their social capital. In conclusion, it is argued that Eurasians in early twentieth-century Hong Kong constructed their personal networks like a web, with different interconnecting layers that functioned at different socio-economic-political levels to serve different purposes

Ancient history · Capital (architecture · Colonialism · Mainland · Political science · Politics · Social capital · Social science · Social status · Sociology · Diaspora, migration, transnational identity · History · Law · Migration, Ethnicity, and Economy · Socioeconomic Development in Asia

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Citations per year0.07
Citation span2011 - 2011 (1)
Highly citedNo

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