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Stocks Blog: Cathay, MTR gain in early trading; retailers slammed by protests as Causeway Bay vacancy rates soar

South China Morning Post
發布於 2019年09月18日04:09
  • One in every 10 shops in Causeway Bay now stands empty
  • China moves ahead on rating systems on 33 million companies
Protests on Sundays have led many shops and malls to close, leading to huge losses in sales. Here demonstrators march on Hennessy Road in Causeway Bay, a big shopping area, on September 15, 2019. Photo: Bloomberg

Good day, traders --

We can expect Hong Kong 's stock market to continue to feel fallout from the protests today.

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Here are just a few things to consider: One in every 10 shops in Causeway Bay now stands empty, as three months of protest rallies have deterred visitors from the world's most expensive shopping district, our SCMP reporters note.

On the other hand, as questions are growing about Hong Kong's future, new data shows that its role as the primary gateway for long-term international investors to transfer money into China has remained largely intact.

We'll keep you up on the most important moves and news in Hong Kong and mainland markets.

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And if you'd like to receive the live blog each day via email, shoot Deb an email. You'll get a link each day that will automatically load new items when you click on it.

-- Zhang Shidong, Deb Price and Anthony Richardson

Copyright (c) 2019. South China Morning Post Publishers Ltd. All rights reserved.

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