Frustration, safety fears at finance firms as protests paralyse Hong Kong

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HONG KONG: Finance firms in Hong Kong urged staff on Wednesday (Nov 13) to seek safety or work from home as anti-government protests paralysed the ...

"For your safety, pls shelter in place where necessary," a text message alert sent to staff at JPMorgan, and seen by Reuters, read.

Standard Chartered has asked staff to consider work arrangements, such as working from home and rescheduling meetings and trips, as appropriate, a bank spokeswoman said. The city is one of the world's most important financial hubs with total banking, fund and wealth management assets worth more than US$6 trillion.As more than 1,000 protesters occupied main roads in Central, frustrated men in suits were seen kicking bricks off the road, while other office workers on their lunch breaks, most in face masks, joined the crowds in chants.

Another business owner passing through the crowd, who only identified himself as Paul, said he had to put plans to sell part of his insurance firm on hold because of the protests, as potential investors wanted to see how the situation developed.

 

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