Banks Condemn HK Violence As Jewelers Seek To Put Off Big Trade Fair

www.oann.com | 8/11/2019 | Staff
malik778 (Posted by) Level 3
HONG KONG (Reuters) – Hong Kong banks published full-page newspaper ads calling for law and order in the Chinese-ruled city and international jewelers sought the rescheduling of a huge trade fair as weeks of pro-democracy protests showed no sign of let-up on Thursday.

Thousands held a scrappy anti-government protest on Wednesday at a suburban subway station where demonstrators were attacked by a mob of white-shirted men last month. Protesters at the subway station on Wednesday were angry that nobody had yet been prosecuted for that violence.

Police - Men - Rioting - Thursday - Connection

Police said they charged two men with rioting on Thursday in connection with the attack. They will appear in court on Friday.

Wednesday’s standoff stopped short of recent intense clashes, including the storming of the legislature and occupation of the airport, with police refrained from using tear gas or attempting to storm protesters’ lines.

HSBC - Standard - Chartered - Bank - East

HSBC, Standard Chartered and Bank of East Asia all urged the restoration of order in the former British colony, which returned to Chinese rule in 1997.

“Oppose violence, restore social order, safeguard Hong Kong’s status as an international financial center,” Standard Chartered wrote.

Trade - Representatives - World - Diamond - Trading

Trade representatives of the world’s largest diamond trading centers, from Mumbai, Antwerp and Ramat Gan, asked the organizer of the Hong Kong Jewellery and Gem Fair to postpone the high-profile event, which typically welcomes more than 54,000 visitors.

The fair is due to be held in September at the Asia World Exposition center and the Wan Chai Convention and Exhibition center.

Letter - Informa - Markets - Representatives - %

In a letter to organizer Informa Markets, the representatives said between 30% and 40% of exhibitors were demanding to pull out.

“In light of recent events, we urge Informa Markets to consider the following; rather than potentially risking an empty show in terms of both visitors and exhibitors, postpone the show to a later date – as yet to be determined – once Hong Kong...
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