Cnn business news 16 july 2019 in hong kong

Here are the top stories from CNN Business News on July 16, 2019, related to Hong Kong:

Hong Kong protests escalate as police fire tear gas

• Hong Kong police fired tear gas at protesters in the city's financial district on Tuesday, as the territory's pro-democracy movement showed no signs of slowing down.
• The protests, which began in June, have been sparked by a proposed extradition bill that would allow Hong Kong to send suspects to mainland China for trial.
• The bill has been suspended, but protesters are demanding its complete withdrawal and greater democratic freedoms.

Hong Kong's economy takes a hit as protests continue

• The ongoing protests in Hong Kong have taken a toll on the territory's economy, with tourism and retail sales declining sharply.
• The Hong Kong Tourism Board reported a 40% drop in visitor arrivals in June compared to the same period last year.
• The city's retail sales also fell 12.2% in June, the largest decline in over a decade.

Hong Kong's Cathay Pacific Airways faces backlash over ties to China

• Cathay Pacific Airways, Hong Kong's flagship carrier, is facing pressure from both sides of the political divide over its ties to China.
• The airline has been criticized by pro-democracy protesters for its decision to suspend two pilots who were involved in the protests.
• Meanwhile, the Chinese government has been accused of exerting pressure on the airline to take action against employees who have supported the protests.

Hong Kong's property market shows signs of slowing down

• Hong Kong's property market, which has been one of the most expensive in the world, is showing signs of slowing down.
• The territory's property prices have fallen for the first time in over two years, according to data from the Hong Kong Real Estate Agents Association.
• The decline is attributed to a combination of factors, including the protests, economic uncertainty, and stricter lending regulations.

These are just a few of the top stories from CNN Business News on July 16, 2019, related to Hong Kong. If you'd like more information or specific articles, please let me know!