Hong Kong Protests Spark Capital Outflow Fears

Hong Kong Protests Spark Capital Outflow Fears
A passenger walks past anti-government protesters as he tries to enter the security gate during a demonstration at Hong Kong Airport, China on Aug. 13, 2019. Issei Kato/Reuters
Reuters
Updated:

HONG KONG—Apprehension over capital outflows triggered by escalating political unrest has driven Hong Kong’s stock market to its lowest this year and pressured its currency, with analysts warning of more weakness.

The Hang Seng Index fell 2.1 percent to 25,281.30 points on Aug. 13, down 16 percent from the year’s peak, and is at lows last seen in early January.