The Hong Kong protesters that bashed through the Legislative Council building may have spooked investors, but they aren't likely to back down ...
Supporters say these actions are reflective of the desperation disenfranchised Hong Kongers feel, with their backs against the wall and little to lose.
A shining sector in this Pearl of the Orient was property – which mirrored the boom in the stock market and exuberance in business sentiments. This latest storming of the LegCo building has brought into sharp focus the city’s heightened political risk and stoked business uncertainty. The brewing uncertainty may also impact larger business calculations. The lacklustre economy has seen gloomier days over the last month.
A general view shows storm clouds looming over the Kowloon skyline and Victoria Harbour before heavy rain in Hong Kong on Mar 6, 2019. Protest leaders have not expressed remorse over the recent violence. Joshua Wong, a Hong Kong pro-democracy leader, never apologised for those who barged in and defaced LegCo, claimimg it was just a siren call for democracy. He said:
Among the places closed during the protests in June include high-end brands like Apple, Chanel, SK-II, and more at the International Financial Centre in Central.
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