Hong Kong financial firms brace for disruptions as protests intensify

China already doing mass censorship of the protest in HK. China is still a communist country and the new leader Xi is probably much like Putin, looking to consolidate his power and become the next Chairman Mao.

If they not happy, HK people should either plan for migration from the country or continue making trouble and risk being crushed by China's tanks much like back then during the Tian An Men days. Commies dun care much about notions of democracy.

"Dun pray pray, Mother China is very powderful ok..."

Like it or not, HK will not change till after 2047...

China needs HK - still need to convince investors to help recap domestic China enterprises via mega listings on HKSE. Conversely, they also need HK for outflow from mainland...

http://www.businesstimes.com.sg/breaking...s-20140930

PUBLISHED SEPTEMBER 30, 2014
Hong Kong protests turn festive after tear gas chaos

Tens of thousands of pro-democracy protesters turned parts of Hong Kong into a massive street party on Monday night, with the mood turning festive just a day after riot police fired tear gas in ugly clashes - PHOTO: AFP
[HONG KONG] Tens of thousands of pro-democracy protesters turned parts of Hong Kong into a massive street party on Monday night, with the mood turning festive just a day after riot police fired tear gas in ugly clashes.
The huge crowds defied government calls to go home after Sunday's chaotic scenes, bringing key districts of the Asian financial hub to a standstill as they vowed to stay put until the Chinese government grants them free elections.
Sunday's violence saw riot police fire clouds of tear gas as they struggled to control the protesters, in one of the biggest ever challenges to Beijing's rule of the semi-autonomous city.
The anger gave way to a lighter atmosphere on Monday as riot police retreated, leaving huge masses of protesters in control of at least four major thoroughfares around the city.

I think the cleverest thing for china to do now is... Nothing much.

Throwing more tear gas may result in fatalities. Martyrdom will escalate tensions against the China govt.

The mob will get tired eventually.

Let's see how this pans out.

Sent from my D5503 using Tapatalk

singapore will gain in the short-med term as a regional hq and hopefully returns of the chinese tourists.

(30-09-2014, 09:33 AM)thor666 Wrote: I think the cleverest thing for china to do now is... Nothing much.

Throwing more tear gas may result in fatalities. Martyrdom will escalate tensions against the China govt.

The mob will get tired eventually.

Let's see how this pans out.

Sent from my D5503 using Tapatalk

(30-09-2014, 09:33 AM)thor666 Wrote: I think the cleverest thing for china to do now is... Nothing much.

Throwing more tear gas may result in fatalities. Martyrdom will escalate tensions against the China govt.

The mob will get tired eventually.

Let's see how this pans out.

Sent from my D5503 using Tapatalk

If the protest are led by working people then after sometime they will disperse. Even happen so in Thailand because ultimately they have to work and feed the family.

But students feed on ideals and easily manipulated. They are actually more dangerous. LKY's tactic is to send police to their parents especially the mothers to warn them they are going to crack down and their children might get hurt. Let the mother do the job of bringing the children back. Recently China was smart to cordone off the entire Tian An Men and claim refurbishment, after there was a twitter call for gathering there

HKers are very pragmatic people. Their main purpose is 1 Oct so as long China can contain the crowd by 1 Oct I think they will disperse, except for the students maybe. China just need to impose some economic pain on HK and things will change... the carrot does not seemed to be working.

would it be wise to buy the HSI? considering that it dropped a lot recently

Hong Kong's Schoolboy Leaders Of Pro-Democracy Dissent
http://www.youtube.com/watch?v=2D3LltOxV...qjgNm0eTGQ

this article also similar what I earlier said that china see's hong kong as a democratic pro-west province as a "loose end" that needs to be tighten

http://viewsandpreviews.com/chinas-soft-...hong-kong/

Side track a bit. I wonder what's going to happen to taiwan years down the road.
I spoke to a number of Taiwanese friends, very mixed views, some wanted independence while others are resigned to the fact that china will eventually take control in one form or another. Almost all agree that status quo is best.

I like Taiwan for its democratic society and world class heath care system where no one is left out. But because democracy means respecting the peoples wishes, it is extremely difficult for the government to implement changes. And some infrastructure works are not possible/delayed because of this. And you see scooters parked on the sides of the street and you dont get proper walkways. It's a messy place but I kinda like it there as well. People there have more choices on how they want to live their lives, those that are not so ambitious can easily open a breakfast shop or a noodle shop and live quite peacefully.

In Hong Kong and Singapore, you dont get much of a choice. Everyone will have to work real hard, maybe in a job they dont quite like... day in, day out.
There is no country side you can escape to and have a slower pace of life.

http://www.cnbc.com/id/102049852

Steve Wynn: I'm 'more scared' about US than China
Jane Wells | @janewells
6 Hours Ago
CNBC.com


To rephrase a purported Chinese proverb: Steve Wynn lives in interesting times.
The casino magnate behind Wynn Resorts makes most of his money in Macau, China, and he's worked closely with the Chinese government for a dozen years. However, gambling revenue across Macau has softened as the government has cracked down on what it calls illegal lending practices there, and as potential new anti-smoking rules threaten to turn off gamblers. Now, new tensions are rising on the heels of massive protests in Hong Kong by residents who oppose Beijing's efforts to dictate the candidates they're allowed to vote for.
'Everyone in China is pragmatic'

Is Steve Wynn bothered?

"I'm more scared about the United States than I am about China," Wynn told CNBC this week at the Global Gaming Expo in Las Vegas. The protests in Hong Kong have "become sort of a party out there."

Wynn said he believes the situation will be resolved: "Everyone in China is pragmatic and practical."

Read More'Dr. Doom' Roubini reveals is 'black swan' scenarios
Wynn said Chinese officials may be willing to bend in favor of protesters who want everyone to be able to vote on Hong Kong's chief executive, though he seemed to think it's less likely that Beijing will stop deciding who can run and who doesn't.
"I think the central government is willing to let everybody vote for the CEO, but they want to have some positive input on the nominations, so that whoever it is, the group of candidates, have some kind of mature, rational attitude towards the fact that it belongs to China," Wynn said. "I don't think (Chinese President) Xi Jinping and the central government are going to give up some level of control of their own country. It's not part of that culture there."


Wynn continues to praise the business climate in China compared to the United States: "The regulatory burden in China is infinitesimal compared to the crap we get in America."

Wynn's comments come as Western companies have come up against growing scrutiny from the Chinese government, including surprise raids, long investigations and growing fines in the name of "anti-trust" enforcement.

Wynn refused to comment on a slander lawsuit his company has filed against Jim Chanos—the suit alleges that the famous short seller intimated that Wynn has violated anti-bribing laws in order to succeed in Macau. Instead, he praised what he called "the most laissez-faire place on the planet at the moment" in China, and said Americans don't realize how positive and aspirational the Chinese are about their own lives and their own government.

Read MoreThis is what China's antitrust drive is really all about
"If you ask any Chinese businessman, or even the working folks, 'Do you trust the central government?' they'll say 'Yes.'"

When pressed about whether such feelings are genuine, and whether any real political opposition can exist in China, Wynn replied, "I'm telling what I see and hear personally. The average person in China doesn't feel separated from the government and is satisfied."
On the other hand, Wynn continues to disparage the White House: "I am stunned at the immaturity of this administration. ... We elected a man as president who had no experience at anything."

Steve Wynn, speaking in Boston, Jan. 22, 2014.
Jessica Rinaldi | The Boston Globe | Getty Images
Steve Wynn, speaking in Boston, Jan. 22, 2014.
Would he ever consider following in the footsteps of other American companies seeking to move their headquarters overseas in order to dodge taxes, a practice called "inversion?"

"I have no plans on inverting, not at all," Wynn said. "We're an American company. Our revenue is Asian, but we're an American company. We're American people, and proud to be so."

Still, he's opposed to the possibility that the federal government may punish companies that do inversions. "The administration wants to punish everybody. That's part of the political mentality at the moment in America. Punish people."