There was absolutely a 99 year lease agreement.
Why do you think there wasn’t. What are we mistaking?
“There was absolutely a 99 year lease agreement.”
Hong Hong is made up of three areas. Hong Kong. Kowloon. New Territories.
Hong Kong and Kowloon were ceded in perpetuity. New Territories had the lease.
The lease was not with the People’s Republic of China but was made 50 years before that country ever existed.
The Basic Agreement that is an international treaty registered in the UN is the basis for the turnover from UK to PRC. There was at least one other government between the time of the lease and founding of PRC. The PRC did not hold the lease.
The Basic Agreement says nothing about the lease. It is not even mentioned and is not the basis for the treaty.