Date
23 September 2017
Hong Kong's central business district is home to top financial institutions and businesses that could be disrupted by the Occupy Central Movement. Photo: Bloomberg
Hong Kong's central business district is home to top financial institutions and businesses that could be disrupted by the Occupy Central Movement. Photo: Bloomberg

No sign businesses will sue Occupy group for damages

There’s no proof Hong Kong businesses are planning to sue the Occupy Central Movement for potential damages if it goes ahead with its plan to take over the business district, Ming Pao Daily reported Friday, citing Pang Yiu-kai, deputy chairman of the Hong Kong General Chamber of Commerce.

Businesses are concerned about potential disruption from the civil disobedience campaign but there is no evidence they are about to take action, Pang said.

Earlier Hong Kong Chief Executive Leung Chun-ying warned the movement will cause economic losses to financial and commercial establishments that have offices in the central business district.

He told legislators “not a small number” of financial institutions in Central are considering suing for damages for any economic losses.

Ni Pengfei, director of the Center for City and Competitiveness at the Chinese Academy of Social Sciences, said Hong Kong’s competitiveness will suffer if the movement presses on with its plan, the report said.

The group is threatening to occupy key areas in Central in July if government promises on democratic reform are not met.

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TL/AC/RA

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