HONG KONG: SIX MONTHS AND COUNTING


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The Hong Kong protest movement that began last June shows no signs of abating.
On Sunday, nearly a million people – including parents, children, teachers, and civil rights advocates – filled the streets and city parks commemorating “Human Rights Day.”
The peaceful march was in sharp contrast to the violent confrontations between police and protesters that have escalated over the past few months.
TREND FORECAST: The ongoing protest movement has taken a toll on Hong Kong’s economy, pushing it into recession. We forecast that should the movement continue to escalate and the city’s economy, as well as its equity market, continue to decline, Beijing will take aggressive action to stifle the movement.

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