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Companies Around the World Hit by Hong Kong Protests

  • A.I. sweep of call transcripts reveal broad impact of unrest
  • Landlords not helping suffering retailers: L’Occitane director
Riot police stand in a cloud of tear gas during a protest on Hennessy Road in Hong Kong on Nov. 2, 2019. 

Riot police stand in a cloud of tear gas during a protest on Hennessy Road in Hong Kong on Nov. 2, 2019. 

Photographer: Laurel Chor/Bloomberg
Updated on

Whether they sell luxury watches from Switzerland or farm hens from Mississippi, a surprising concern is occupying a number of corporate executives this earnings season: Hong Kong’s protests.

An A.I. model trained by Bloomberg News to scour thousands of quarterly analyst calls and investor updates revealed that the city’s pro-democracy demonstrations, which show few signs of resolution after five months, are pressuring companies that sell all kinds of consumer goods.