Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Hundreds take to Hong Kong streets ahead of new round of weekend protests

Published 10/11/2019, 02:25 AM
© Reuters. People protest against what they say is the abuse of pro-democracy protesters by Hong Kong police, at Chater Garden in Central district, Hong Kong
0017
-

HONG KONG (Reuters) - Hundreds of mask-wearing pro-democracy protesters marched through Hong Kong's central business district at lunchtime on Friday, occupying a main thoroughfare and disrupting traffic as the city braced for another weekend of turmoil.

Chanting calls for their core demands and denouncing what they see as police brutality, the crowd peacefully occupied streets in the financial district, home to some of the world's most expensive real estate, before dispersing.

Hong Kong's metro operator had opened all stations in the morning for the first time in a week ahead of another round of anti-government protests, while the city's legislature began its first session since protesters stormed the building in July.

Pro-establishment and democratic lawmakers shouted at each other before the beginning of the session, underscoring the tension and divisions in the Asian financial hub after four months of often violent pro-democracy protests.

Some lawmakers wore black masks as they sat in the chamber, while others carried placards reading: "Police brutality still exists, how can we have a meeting?"

The wearing of face masks was banned under colonial-era emergency powers invoked by embattled Hong Kong leader Carrie Lam a week ago.

The protests have plunged the city into its worst crisis since it returned from British to Chinese rule in 1997, posing the biggest popular challenge to Chinese President Xi Jinping since he came to power in 2012.

What began as opposition to a now-withdrawn extradition bill has evolved into a pro-democracy movement fanned by fears that China is stifling Hong Kong's freedoms guaranteed under a "one country, two systems" formula introduced with the 1997 handover.

China denies the accusations and says foreign countries, including Britain and the United States, are fomenting unrest.

Metro operator MTR Corp, whose network carries about 5 million passengers a day, said all lines would shut at 10 p.m. (1400 GMT) on Friday, more than 2 hours earlier than usual so more repairs could be carried out after protesters torched or trashed stations across the city.

Many stores and businesses have had to shut early due to metro closures, putting another burden on the city's faltering economy as it faces its first recession in a decade.

Protesters have targeted the MTR because it has been blamed for closing stations at the government's behest to contain demonstrations.

The normally efficient system shut down completely last Friday following arson attacks and has operated only partially since then.

Lam introduced the emergency laws, including the ban on face masks last week in an effort to quell unrest. But the ban sparked some of the worst violence since protests started.

The government said it would not bring in any other emergency measures.

QUIET THURSDAY

Shopping malls and other facilities closed early on Thursday but few demonstrators took to the streets, with only about 60 activists gathering outside one police station.

But several demonstrations are planned across the city on Friday and through the weekend, when more people have been coming out to vent their opposition over the weeks.

Several major conferences and other events have been called off because of the protests with the latest being an annual swimming race in the city's famed harbor.

Property developer New World Development Company Limited (HK:0017) said it was cancelling the Oct. 27 competition because of the "social situation".

The protest movement still appears to have a broad base of support despite the violence and vandalism carried out by small groups of front-line protesters.

Residents, particularly those in their 20s and 30s, are calling for the protection of civil liberties. Many young people are also angry about the city's hugely expensive property, widening inequality and poor job prospects.

More than 2,300 people have been arrested since the protests began to snowball in June, with many of them below the age of 16, authorities said.

Lam is due to deliver the city's annual policy address on Oct. 16 which traditionally contains sweeteners and support for business and investment.

She has said that due to the unrest her address would not be as "elaborate" or "comprehensive" as normal.

Pro-democracy lawmakers on Friday reiterated calls for authorities to address the protesters' "five demands" which include universal suffrage and an independent inquiry into their complaints of excessive force by the police.

Bernard Chan, the convener of Hong Kong's executive council - the lead advisory body to the chief executive - wrote in an opinion piece in the South China Morning Post on Friday that Lam's policy address would include responses to address the discontent.

Chan said the Independent Police Complaints Council should be allowed to do its own investigation into the controversy over areas such as police procedures and held out the option of an independent inquiry later.

© Reuters. People protest against what they say is the abuse of pro-democracy protesters by Hong Kong police, at Chater Garden in Central district, Hong Kong

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.