Cnn business news 19 may 2019 in hong kong

Here are the top stories from CNN Business News on May 19, 2019, related to Hong Kong:

Hong Kong protests:

• Thousands of protesters gathered in Hong Kong's financial district, demanding greater democracy and autonomy from China. The protests were sparked by a proposed extradition bill that would allow Hong Kong to send suspects to mainland China for trial. (Source: CNN)
• The Hong Kong government announced that it would suspend the extradition bill, but protesters are demanding that it be completely withdrawn. (Source: Bloomberg)

Economy:

• Hong Kong's economy grew at its slowest pace in a decade in the first quarter, with GDP expanding 0.5% year-on-year. The city's economy has been struggling due to a decline in exports and a slowdown in the global economy. (Source: Reuters)
• The Hong Kong Monetary Authority cut its growth forecast for the city's economy, citing the ongoing trade tensions between the US and China. (Source: South China Morning Post)

Markets:

• The Hang Seng Index in Hong Kong fell 1.3% on May 19, amid concerns over the protests and the global economy. (Source: CNBC)
• The Hong Kong dollar weakened against the US dollar, with the currency trading at 7.8548 per dollar. (Source: Bloomberg)

Other news:

• Cathay Pacific, Hong Kong's flagship airline, announced that it would cut its capacity by 2.5% in the second half of the year due to a decline in demand. (Source: CNN)
• The Hong Kong government announced plans to increase the city's minimum wage by 2.5% to HK$37.75 (around $4.85) per hour, effective July 1. (Source: South China Morning Post)

Please note that these are just some of the top stories from CNN Business News on May 19, 2019, related to Hong Kong, and may not be an exhaustive list.