SRL for [chastened]: Hong Kong manufacturers say large debt writeoffs and other financial problems resulting from the 1987 difficulties [chastened] the local industry , causing it to tighten credit policies and financial management .
ARG-0: large debt writeoffs and other financial problems resulting from the 1987 difficulties | ARG-1: the local industry | ARG-M-CAU: causing it to tighten credit policies and financial management