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International

Hong Kong executives warn about risks to income

August 12, 2019 Reprints

Executives from some of Hong Kong's most important companies have warned about risks to future earnings as a result of the ongoing demonstrations in the city, Nikkei Asian Review reported. Revenue at The Hongkong and Shanghai Hotels Ltd.’s flagship hotel in Tsim Sha Tsui fell 7% in the first half, with the occupancy rate also going down by 7%. This is mainly due to 22 countries issuing travel advisories for Hong Kong.

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Hong Kong executives warn about risks to income

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