More Hong Kong companies say business impacted by mass protests


  • World
  • Thursday, 08 Aug 2019

FILE PHOTO: Demonstrators gather as Hong Kong police fire tear gas in Hardcourt Road, Admiralty, in Hong Kong, China, August 5, 2019. REUTERS/Eloisa Lopez

HONG KONG (Reuters) - Conglomerate Swire Pacific <0019.HK> became the latest major Hong Kong company to voice concern about the impact of protests in the city on business activity, saying they are having direct and indirect impact on demand on a number of its businesses.

The comments by Swire, whose business spans retail to property to airlines, come after similar concerns raised by Cathay Pacific Airways Ltd <0293.HK> and Hongkong and Shanghai Hotels <0045.HK>'s on Wednesday. Swire owns 45% of Cathay Pacific, Refinitiv data shows.

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