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Hong Kong's financial hub braces for possible shutdown due to protest

Published on Jun 13, 2014 4:02 PM
 
Skyscrapers at Hong Kong's central business district (from left), AIA Central, CCB Tower, Bank of China Tower, City Hall (in red), Cheung Kong Centre, HSBC headquarters and Standard Chartered Bank are seen behind a net near a construction site moments after sunset on June 10, 2014. Multinational companies and financial institutions in Hong Kong are drawing up emergency plans in the event of a partial shutdown of the financial hub's business district this summer due to a planned pro-democracy protest. -- PHOTO: REUTERS

HONG KONG (Reuters) - Multinational companies and financial institutions in Hong Kong are drawing up emergency plans in the event of a partial shutdown of the financial hub's business district this summer due to a planned pro-democracy protest.

Activists have threatened to lock down the Central area of Hong Kong, home to some of Asia's biggest companies and banks, as part of a campaign for the right to choose candidates for a poll in 2017 to elect Hong Kong's next leader.

Democracy protests over the past year have stoked friction and unnerved Beijing leaders fearful of an opposition democrat taking the city's highest office.

Concerns about growing discontent and the threatened closure of city's business district by the so-called Occupy Central activists have prompted companies and financial authorities to prepare for the worst.

 
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