Hong Kong riot police officers walk past a Bank of China branch which has been vandalised by anti-government protesters. Photo: AFP

Hong Kong withstands protests with only a trickle of ‘fright capital’ fleeing to Singapore, MUFG Bank estimates

  • Hong Kong may have suffered US$6 billion in fright capital to Singapore ‘at most’ from May to October as protests intensified, MUFG estimates
  • Scale of outflows not large enough to warrant serious concern yet, though further leakage cannot be ruled out if violence persists
Topic |   Hong Kong protests
Hong Kong riot police officers walk past a Bank of China branch which has been vandalised by anti-government protesters. Photo: AFP
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