Carrie Lam is Hong Kong’s most unpopular ruler. The reason being the passing of a bill allowing the extradition of suspects to mainland China, which was canceled under the pressure of mass protests.
Protracted rallies led to a sharp decline in business activity in Hong Kong, which affected the behavior of the Hang Seng stock index quotes. Now the situation is somewhat normal, but China is still expected to intervene in the internal affairs of autonomy.
It is possible that Lam will return home with personnel shifts in the cabinet of ministers of Hong Kong, dictated by Beijing. This decision may provoke new protests.
|Hang Seng||Sell carefully|