(Bloomberg) --
If September brought a glimmer of hope that Hong Kong's battered economy was stabilizing, early data from last month offer a reality check. A purchasing managers' index slumped to a fresh record low, while small-business confidence and property transactions also edged down. More pain may be in store: Unrest this week has become so severe that a top police official on Tuesday warned that Hong Kong's society “has been pushed to the brink of a total breakdown.”
To contact the reporters on this story: Philip Lagerkranser in Hong Kong at lagerkranser@bloomberg.net;Hannah Dormido in Hong Kong at hdormido@bloomberg.net
To contact the editor responsible for this story: Jeffrey Black at jblack25@bloomberg.net
©2019 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
