Under the suppression of Hong Kong authorities involving various departments, multiple “yellow businesses” that support pro-democracy protests have been forced to close.
After the 2019 anti-ELAB, also known as the anti-extradition bill, protests in Hong Kong, dissenters began to form a “yellow economic circle,” hoping to support like-minded businesses, sustain the livelihoods of pro-democracy business owners, and reduce dependence on businesses connected to the Chinese Communist Party (CCP).