The “depth of the devastation” inflicted on Hong Kong’s economy by more than six months of anti-government protests will be seen in the coming weeks, the chief of the city’s stock exchange operator said on Thursday. HKEX itself posted its steepest profit slide in nearly three years in the third quarter, as investor sentiment was hit by months of unrest that pushed the city into recession for the first time in a decade. Li said what made Hong Kong great was “one country, two systems”, and that he believed China would fundamentally come to the judgement that the two systems worked for the world’s second-largest economy, even in the worst case scenario.
