Hong Kong Stocks Retreat Further as Protest Fallout Deepens
- Anti-government demonstrators shut down airport on Monday
- Casinos and developer stocks fall amid broad decline
An electronic board showing cancelled flights at Hong Kong's international airport on Aug. 12.
Photographer: Manan Vatsyayana/AFP via Getty Images
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Hong Kong’s stocks fell for a third day on deepening concerns about the economic fallout from weeks of anti-government demonstrations that show no sign of easing.
The city’s international airport was severely disrupted for a second straight day, as protesters blocked outgoing gates in a dramatic sit-in. Hong Kong’s embattled leader Carrie Lam warned that the Asian financial center risked sliding into “an abyss,” in a contentious news conference in which she continued to sidestep key questions about the government’s response to weeks of unrest.