Global firms are sounding the alarm as escalating Hong Kong protests deal a "serious blow" to the city's outlook
August 14, 2019 at 15:29 PM EDT
Two months of protests in Hong Kong are starting to take a toll on some of the largest global companies, adding to a host of geopolitical concerns as the U.S.-China trade war drags on. During the past few weeks, management teams at a range of multinational firms have taken to earnings calls to warn of dire consequences if the clashes escalate — including lost revenue and hits to business investment.