Over the protests appear in different ways. Chinese state media reported public anger after stuff from Hong Kong Airline Cathay Pacific took part in protests on friday cathay c. E. O. Rupert hogg resigned cathay shares rose on the news investors clearly do not like to ruffle feathers in beijing and markets are banking on easing tensions in hong kong in the Financial Sector the big 4 accountancy firms k b m g e y deloitte and b. W. C. Scramble to publicly distance themselves from an employee showing solidarity with the demonstrators jar deans which owns the Mandarin Oriental hotel group issued statements backing the Hong Kong Police other big firms may also bend to chinese pressure this month just b. C. Us to chief executive john flint the bank had been in chinese crosshairs over its perceived role in the u. S. Prosecution of huawei c. F. O. Among one joe. So the Big Companies distance themselves from the protesters keen to stay in beijings good books that some smaller businesses in hon
Rishaad tariffs on washing machines, the reaction reverberating this morning. Lets take a look at whats happening. It definitely doesnt favor u. S. Solar firms, chiefly. Lets have a look at this chart on the bloomberg. Yellow line showing what has been happening first with solar for the last year, about 104 moved to the upside. One of the Biggest Solar Companies in china showing a a whole but appears as pretty much flat in the last 12 months. This is after concrete evidence to support trade agencies finding chinese imports harm the domestic market in the u. S. , according to the u. S. Court of appeals for the federal circuit. As a result, we are seeing reaction to all this playing out. And saying what they feel about, saying they will put some tariffs on u. S. Imports as well. Haidi we are hearing from the sayinginistry in seoul, they requested from the wto to put a stop to the trade concessions to the u. S. Solar is one part, and washing machines are the other. Samsung stocks falling,