Heads up- Hong Kong Monday

[James48843]

Watch out for possible Asian market reverberations Monday-

Hong Kong clashes, arrests kick-start plans to blockade city

Source: Reuters

Violent clashes between Hong Kong riot police and students galvanized tens of thousands of supporters for the city's pro-democracy movement and kick-started a plan to lock down the heart of the Asian financial centre early on Sunday.

Leaders and supporters of Occupy Central with Love and Peace rallied to support students who were doused with pepper spray early on Saturday after they broke through police barriers and stormed the city's government headquarters.

"Whoever loves Hong Kong should come and join us. This is for Hong Kong's future," publishing tycoon Jimmy Lai, an outspoken critic of China's communist government who has backed pro-democracy activists through publications that include one of the city's biggest newspapers as well as donations, told Reuters.

Occupy demanded that Beijing withdraw its framework for political reform in the former British colony and resume talks.

Read more: Hong Kong clashes, arrests kick-start plans to blockade city | Reuters

Protesters in Hong Kong tonight-



more : https://twitter.com/byAlanWong

 

[James48843]

Those charts are looking kind of ugly today, aren't they?

Good news is it looks like the floor is holding here, and we're getting some push back after all.

I'm thinking here is the opportunity to jump in.

What do you think? Are we seeing a floor here?

 

[tsptalk]

It's interesting that the Nikkei is still near the highs. Hong Kong makes up less than 3% of our I-fund so perhaps we'll dodge this bullet?