Bank of China b. | Gwulo: Old Hong Kong

Bank of China b.

Bank of China b.
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Does anyone know what the large image of the dove was celebrating?

Date picture taken (may be approximate): 
Wednesday, January 1, 1958
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1st October 1958.

There was a very large propaganda poster just below this, shown in one of my pics on Gwulo.

-Geoff Wellstead