Protests

Hong Kong violence scares business

In this image, a line of riot police stand in a strip mall
Riot police push protesters while attending to a wounded police agent in Sha Tin, Hong Kong. Photo: Ivan Abreu/SOPA Images/LightRocket via Getty Images

Hong Kong businesses are questioning if the city is safe after almost 3 months of protests, while others are being advised to create contingency plans if unrest continues, the BBC reports.

The big picture: Hong Kong's stock market is the 5th largest in the world, when considering the value of its traded companies. As of July, financial analysts said the territory's market hadn't yet suffered serious consequences — but regulatory changes caused by protests would be a different story entirely.

Hong Kong airport protests: What you need to know

Travellers look at placards and posters placed by protesters at the airport in Hong Kong
Travelers look at posters placed by Hong Kong protesters at the airport on Wednesday. Photo: Vincent Thian/AP

While President Donald Trump suggested a meeting with Chinese leader Xi Jingping over the Hong Kong crisis, China called the protests "close to terrorism" as normal operations began to resume at the international airport, the BBC reports.

What's new: The Airport Authority said late Wednesday that any application to protest in the terminal must be made in advance with a "Letter of No Objection" to be obtained from police, as security was heightened in the area, per Reuters. CNN notes that nearly 1,000 flights were canceled this week over the massive protests at the airport, which saw riot police clash with activists. More protests are planned for Friday, Reuters notes.