Hong Kong's property tycoons are hurting, the share market is tanking and the tourism sector has taken a beating as the pro-democracy movement continues to strangle the city. While the US-China trade war has fuelled some of the losses, weeks of violent protests have wreaked havoc for investor sentiment and caused huge reputational damage for the semi-autonomous territory as an economic powerhouse. As the protest movement enters its 11th week with no signs of slowing down, analysts are predicting the financial hub is barrelling towards recession.
