By Craig Stephen
Published: Sept 30, 2014 10:32 p.m. ET
Reuters
HONG KONG (MarketWatch) — Investors are now waking up to the political risk in Hong Kong’s democracy standoff, just as the city wakes up to another day of blocked roads.
Beyond disruption to tourism and the retail trade, escalation of the “Occupy Central” protest is the unknown wild card. This brings into the equation tail risks such as a possible Hong Kong liquidity shock, as well as a threat to China’s one-party government itself.
Today’s National Day holiday to celebrate 65 years of the People’s Republic of China promises to be an embarrassing anniversary for Beijing.
