THE Hong Kong government’s withdrawal of a controversial Extradition Bill, which sparked protests that have bitterly wrecked the former British colony for 14 weeks, has lured back stock investors and won applause from businessmen but it is unlikely to stop hardcore activists from further protests.
The Hang Seng Index surged 4% last Wednesday on news that Hong Kong’s chief executive Carrie Lam would withdraw the Bill. It closed 0.66% higher last Friday.
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