Business Starts to Vote With Its Feet in Hong Kong

Two days before Hong Kong’s June 12 mass demonstrations against the tabling of a bill to enable extradition of suspects to the mainland, a major Hong Kong-listed mainland conglomerate decided to withdraw from a contract to pay the government HK$11.1 billion (US$1.42 billion) for a parcel of prime land at Kai Tak, the former location of the city’s intern…