Banks condemn HK violence as jewelers seek to put off big trade fair

– Hong Kong banks published full-page newspaper ads calling for law and order in the Chinese-ruled city and international jewelers sought the rescheduling of a huge trade fair as weeks of pro-democracy protests showed no sign of let-up on Thursday.

Wednesday’s standoff stopped short of recent intense clashes, including the storming of the legislature and occupation of the airport, with police refrained from using tear gas or attempting to storm protesters’ lines. The fair is due to be held in September at the Asia World Exposition center and the Wan Chai Convention and Exhibition center.

The unrest has been fueled by broader worries about the erosion of freedoms guaranteed under the “one country, two systems” formula adopted after 1997 but not enjoyed on the mainland, including an independent judiciary and the right to protest. Standard Chartered said in Thursday’s newspaper notices the bank supported the government in upholding social order and guarding “the status of Hong Kong as an international financial center”.

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