[updated on Nov. 24, 2015]
Contrary to dire predictions by anti-occupiers, the Hong Kong economy and the stock exchange have been doing well overall.
Joseph Yam, executive vice president of advisory body China Society for Finance and Banking and a former Hong Kong central bank chief, said the city’s financial integrity and stability of its currency were … at risk. “Hong Kong’s economic prosperity was built on its intermediary role between the mainland and overseas, especially in the financial realm,” said Yam, who urged student protesters to return to their homes.
The Hong Kong government’s inability to confront an unsustainable political system must eventually impact its international business standing. The government has become a bovine clerisy of civil servants and appointees on life support from a benevolent Beijing, where its importance to China is increasingly a romantic delusion.
[Oct. 15, 2015] HK ranks no. 7 on Mori Memorial Foundation’s Global Power City Index 2015
[Sep. 15, 2015] Hong Kong remains world’s freest economy: Fraser Institute
In the World Investment Report 2015, it ranked Hong Kong second in the world for both incoming and outgoing foreign direct investment (FDI).
Its inward FDI was US$103 billion, second to mainland China, which had US$129 billion, and surpassing the United States (US$92 billion), Britain (US$72 billion) and Singapore (US$68 billion).
Hong Kong’s outward FDI was US$143 billion, second to the United States, with US$337 billion and surpassing Japan (US$114 billion) and Germany (US$112 billion).
Both figures for Hong Kong are records…. The reasons are the same as they have been for many years – an independent legal system, financial security, free movement of capital and free exchange of currencies.
It seems that it is CY Leung’s approval ratings rather than economic indicators that have gone south: As Occupy ends, CY Leung performance rating falls
Occupy protests had little impact on HK economy: report
Hong Kong tourist arrivals jump 12pc despite Occupy uncertainty
Li Ka-shing said that losses in retail sales were small https://thestandnews.com/politics/李嘉誠評傘運-損失少-要講良心話/
Hong Kong, the Resilient City: Economic and political data show that dire warnings about the pro-democracy protests have proven inaccurate
And “Mainland Chinese group tours to Hong Kong up 90pc despite mass protests–Figures appear to contradict claims business is hurting”. Also Total visitors up 12.6% from October 2013, mainland visitors up 18.3%
Shopping malls not hit by weeks of protests, say developers:
Foreign investors unfazed by Occupy protests: Cubbon
Property prices have gone up【佔中後市經濟數據不跌反升】
Calls to choose small mom-and-pop shops near occupy sites:
Why some taxi drivers have begun to miss Occupy
Maybe the protest means good business for HK’s T-shirt makers because mainland factories refuse to print anything with the umbrella logo: Mainland T-shirt suppliers allergic to yellow umbrella design
Regardless, Hong Kong businesses hurt by democracy protests to get relief in budget: Across-the-board government giveaways expected to compensate companies that suffered losses during 79-day mass protest
Pro-democracy legislator “Long Hair” says it is pro-establishment legislators who have hurt HK’s economy by supporting “white elephant projects” 長毛：建制派令香港損失5,687億！ Money pits: 8 Hong Kong government ‘white elephant’ projects
[July 1] If the high speed rail link had been rejected as pro-democracy legislators and street protestors demanded… MTR, Hong Kong government on collision course as cost of Guangzhou rail link soars to HK$85.3 billion
The 2016 slowdown is caused by the Umbrella Movement?
See the bursting of the China bubble : If it’s the economy, stupid…
A broader analysis: “Yasheng Huang: Does Democracy Stifle Economic Growth?” (http://www.ted.com/talks/yasheng_huang.html)