Cnn business news 8 june 2019 in hong kong

Here are the top stories from CNN Business News on June 8, 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 June 8, as thousands of people took to the streets to demand greater democracy and an investigation into alleged police brutality.
• The protests, which began in March, have become increasingly violent, with police using rubber bullets and tear gas to disperse crowds, and protesters throwing rocks and Molotov cocktails at police.
• The Hong Kong government has refused to meet the protesters' demands, which include the resignation of Chief Executive Carrie Lam and the withdrawal of a controversial extradition bill.

Hong Kong's economy feels the impact of protests

• The protests have started to take a toll on Hong Kong's economy, with tourism and retail sales declining and businesses reporting losses.
• The city's benchmark Hang Seng Index fell 1.4% on June 8, its biggest one-day drop in over a month.
• The protests have also disrupted air travel, with Cathay Pacific Airways, Hong Kong's flagship carrier, canceling flights and reducing capacity due to the unrest.

China's Xi Jinping visits Hong Kong, urges stability

• Chinese President Xi Jinping visited Hong Kong on June 8, where he urged the city to maintain stability and prosperity.
• Xi's visit came as the protests were escalating, and his comments were seen as a warning to the protesters to stop their demonstrations.
• Xi also met with Hong Kong's Chief Executive Carrie Lam, who has been under pressure to resolve the crisis.

Hong Kong's stock market falls to lowest level in over a year

• Hong Kong's stock market fell to its lowest level in over a year on June 8, as the protests continued to weigh on investor sentiment.
• The Hang Seng Index closed at its lowest level since June 2018, with many stocks falling to multi-year lows.
• The decline was led by financial and property stocks, which are heavily exposed to the protests and the city's economic uncertainty.

These are just a few of the top stories from CNN Business News on June 8, 2019, related to Hong Kong. The protests continued to escalate in the following days, with the Hong Kong government and protesters remaining at an impasse.