Oct
09
Despite Protests, Hong Kong Will Remain the World's Highest Per-Capita Ad Market
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Hong Kong’s pro-democracy protests appear to be winding down, leaving analysts to ponder how they might have affected the business climate in the Asian financial hub.
The retail sector will certainly suffer: The demonstrations came during a holiday in China, when many travelers from the mainland head to Hong Kong for shopping. ANZ bank predicted that Hong Kong’s retail sector would lose 6% of October sales, or $280 million. (See related story here on how brands have been swept up in the Hong Kong protests).
How might the Umbrella Revolution be affecting the media industry? For now, all is well.
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