- HSBC and Standard Chartered are among the banks shuttering some Hong Kong branches as protesters remain on the streets following massive weekend demonstrations. The closures marked the biggest disruptions to banks' operations there since at least the 1970s.
- “I have not seen anything like this before,” says finance professor Ma Yue. “While Hong Kong had experienced social disturbances in the ’60s, those are not comparable with today’s situation because Hong Kong was not an international financial centre.”
- The Hang Seng fell 1.9% overnight. The iShares MSCI Hong Kong Index ETF (EWH -3.8%).
- Other related ETFs: EWHS, FCHI, FHK