Hong Kong's Lam: Hong Kong's economy deteriorating further - Bloomberg
|Hong Kong's society is in a chaotic situation and its economy is deteriorating further, Hong Kong Chief Executive Carrie Lam reportedly said on Tuesday.
Lam's comments a day after protesters swarmed the international airport, further escalating the worst disruption since pro-Democracy demonstrations began 10 weeks ago.
Investors fear that Hong Kong’s deepening political crisis could become an economic one.
As of writing, USD/HKD is trading at 7.8462, having charted a higher low at 7.83 last week.
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