These badges were collected by my father Stuart W.Muirhead when he worked at the HSBC Bank in Hong Kong during the 1960s and 1970s.Mao badges were part of the cult of Mao adoration that reached a peak in China between 1966 and 1976(the Cultural Revolution,so-called) that spilled over into Hong Kong,periodicaly, during this time. They have recently undergone a bit of a kitsch revival but I believe the Mao badges in this photo are genuine originals.It is interesting that the British government tolerated such blatantly pro-Communist activities in Hong Kong at the time.
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