Hong Kong businesses survived the city's protests. Coronavirus pandemic may be their breaking point

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

A surge in new coronavirus cases in Hong Kong is forcing businesses to shut or scale down, as many businesses were hoping for relief following months of social unrest.

Hong Kong is one of few major cities to avoid a lockdown, but stricter measures have taken effect in recent weeks.

HONG KONG — On a weekday morning in the ground floor mall of Hong Kong's International Finance Center, office workers dressed in business attire are sparse but not uncommon, as shops ranging from Hugo Boss to Gucci prepare to open their doors. Still, more and more restrictive measures have been in place. Many employees have already been working from home and schools have been suspended, but restaurants and bars have mostly operated as usual — at least until recently.Uptin Saiidi | CNBCA surge in coronavirus cases in late March, driven by the return of residents from Europe and the U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

HSBC Hong Kong shareholders mull legal action over dividend suspensionHSBC shareholders in Hong Kong are calling for an extraordinary meeting with the bank's management and considering legal action against its decision to scrap dividend payments. TRUMP AND EU IS EVIDENT THE 'ENVY' THAT THE 'BOLIVARIAN REVOLUTION' CAUSES THEM (MATURE) 3 MILLION HOUSES FOR THE 'POOR PEOPLE' 'PENSION' TO THE 60 YEAR OLD, 'HEALTH' AND 'EDUCATION' FOR FREE INSTRUCTIONS FROM CHAVEZ, RT TRUMP AND EU IS EVIDENT THE 'ENVY' THAT THE 'BOLIVARIAN REVOLUTION' CAUSES THEM (MATURE) 3 MILLION HOUSES FOR THE 'POOR PEOPLE' 'PENSION' TO THE 60 YEAR OLD, 'HEALTH' AND 'EDUCATION' FOR FREE INSTRUCTIONS FROM CHAVEZ,
Source: Reuters - 🏆 2. / 97 Read more »

6 Ways To Protect Your Business During The Coronavirus OutbreakTo protect your business and employees during the coronavirus pandemic, use these six strategies. 👍 Thank you for sharing this helpful post. It can really help protect businesses during this crisis.
Source: Forbes - 🏆 394. / 53 Read more »

Coronavirus live updates: Boston issues curfew to increase social distancingBeds line the Mountain America Expo Center, in Sandy, Utah. The center will be used for hospital overflow as medical centers treat influx of COVID-19 patients. I suppose they could have donated it to people in need..... wait, what am I saying? Dairy farmers were having troubles before the virus hit. Tough times for those farmers.
Source: ABC - 🏆 471. / 51 Read more »

Coronavirus live updates: UK Prime Minister Boris Johnson transferred to intensive careCORONAVIRUS UPDATE: — State of emergency looms in Japan. — Another 439 deaths in UK in 24 hours. — UK Prime Minister Boris Johnson taken to intensive care. — Spain sees infection rate drop. boycott MainstreamMedia Here’s some positive news you won’t here from MSM:
Source: ABC - 🏆 471. / 51 Read more »