Hong Kong protests may cost retailers HK$2bn says ANZ bank

As the serious situation these days in Hong Kong, it has been affecting the daily life for every citizen in Hong Kong. Meanwhile, there are quite a serious affection in their economy as well. I will try to discuss this situation in the following.

As this protest is against the Chinese government, which means they do not want the mainland visitors to come. However, the income from mainland visitors is quite a large proportion for Hong Kong. At the same time, the Hong Kong people started the protest  in the period of most mainland visitors come to Hong Kong, which is the Chinese National week. I might say it is kind of a foolish action because it will cause them to earn less money.

Also, the protests process for 24 hours everyday, shoppers may not operate normally. They may have to lose money until the protests ends, which is a significant affections for shoppers. Restaurants and bars have to close earlier and suffer slower business. Shops might not even be open because of the situation out there is not peaceful.

Even the foreign countries have gave the travel warning and recommended people not to travel to Hong Kong. Nevertheless, tourism is one of the biggest income for them. Therefore, it is a really serious problem for Hong Kong.

Eventually, the protests in Hong Kong is definitely not a good matters, it is just a way to let Hong Kong to get in a trouble. Also, to worsen the economy. I hope that there will be a peaceful Hong Kong as soon as possible.