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Monday, August 5, 2019

Hong Kong economy will be heavily impacted by these protests.

The latest information I've gathered from China is that China has issued HK travel restriction to Guangzhou for safety reason.  As the majority of the Chinese visitors are from Guangzhou, this will impact tourism in HK.

I do not support these protestors for the reasons cited in my previous post below.

http://sg-stock.blogspot.com/2019/05/hong-kong-pro-democracy-activists-are.html

Many inbound and outbound flights are cancelled in HK today because of the protest today.  When HK economy collapses, HK will still need China to bail it out again by directing Chinese companies to invest in HK.  There is no way for HK to be independent and yet it wants China to be its saviour whenever it faces an economic collapse.  Nobody can accept this!

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