Business World

Hong Kong protesters target pro-Beijing and mainland businesses

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HONG KONG — Hong Kong anti-government protesters are increasing­ly focusing their anger on mainland Chinese businesses and those with pro-Beijing links, daubing graffiti on store fronts and vandalizin­g outlets in the heart of the financial center.

Protesters took aim at some of China’s largest banks at the weekend, spray-painting anti-China slogans on shuttered branches and trashing ATM machines of outlets such as Bank of China , while nearby internatio­nal counterpar­ts such as Standard Chartered escaped untouched.

Another target was shops operated by Maxim’s Caterers, including American coffee chain Starbucks Corp., after the daughter of the Hong Kong company’s founder condemned the protesters at the United Nations human rights council in Geneva.

Demonstrat­ors scrawled antiChina graffiti on several Starbucks outlets, including in the bustling tourist and business districts of Causeway Bay and Admiralty.

Companies across Hong Kong — the Asian base for many global businesses — are walking a tightrope between the protesters and China’s Communist Party rulers in Beijing.

Cathay Pacific Airways became the biggest corporate casualty when China demanded in August that it suspend staff involved in the protest movement that has plunged Hong Kong into its biggest political crisis in decades.

At least 20 pilots and cabin crew have since been fired, the Hong Kong Confederat­ion of Trade Unions has said. —

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