It was an otherwise beautiful, balmy Friday in Hong Kong, if it weren’t for the cross-Channel divorce that put the world under a dark cloud of fright and disbelief. Asia was the first to be hit by the Brexit shock wave. BBC News declared victory for the Leave vote at roughly 11:45am Hong Kong time – hours before London opened – and sent regional stock markets into a tailspin. The shares of HSBC and Standard Chartered Bank, both listed on the Hong Kong Exchange, plunged 6.5 and 9.5 per cent, respectively... It ended in divorce ________________________ This article appeared in the 29 June 2016 print edition of the South China Morning Post . Read the rest of it on SCMP.com as " After Brexit, Hong Kong voters should take a careful look at what our own localist parties are really selling localist politics ." As published in the print edition of the South China Morning Post
A biweekly column on Hong Kong by Jason Y. Ng