Majority of US firms in Hong Kong concerned about security law

The Amcham survey, published on Monday and to which 183 or 15% of its members responded on July 6-9, showed 36.6% of respondents were "somewhat" concerned and 51% were "extremely concerned" about the legislation.

HONG KONG: A majority of U.S. companies in Hong Kong surveyed by the American Chamber of Commerce (Amcham) are concerned about the sweeping new national security law in the global financial hub, with a third looking to move assets or business longer-term.

The legislation, which punishes secession subversion, terrorism and collusion with foreign forces with up to life in prison, has further strained relations between the United States and China.