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Wednesday, March 4, 2020

Hong Kong PMI plunges to record low but Hongkongers do not care.

https://www.nasdaq.com/articles/coronavirus-sends-hong-kong-feb-business-activity-plunging-to-record-low-pmi-2020-03-03

The HK PMI plunges to record low which is also indicating that HK will enter into a recession but Hongkongers do not care because they are still continuing their anti-government protests despite being able to receive HK$10,000 handout per head (above 18-year old) from the government.

https://www.scmp.com/news/hong-kong/politics/article/3053025/hong-kong-protests-riot-police-fire-tear-gas-pepper-spray

How many times can the HK government give handouts to these people especially when HK is entering into a severe recession?

Goodbye HK! RIP!

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