Hong Kong protesters calling for massive ATM withdrawals

Hong Kong protesters calling for massive ATM withdrawals


CONNELL: GUYS, VERONICA, CAROL, THANKS A LOT. MELISSA: STEPPING UP THE PRESSURE, PROTESTS IN HONG KONG TALKING ABOUT MASSIVE ATM WITHDRAWALS TO SEND A MESSAGE. SUSAN LI, MASSIVE BANK WITHDRAWALS, SUSAN?>>YOU DO HAVE A CAP AT THE ATM. 20,000 HONG KONG DOLLARS. SO YOU CAN ONLY TAKE OUT 2500 U.S. DOLLARS EACH TIME. SO FAR 400 PROTESTERS TAKING PICTURES OF THEM ACTUALLY WITHDRAWING THEIR MONEY. THE PROTESTERS SAY 9 MILLION HAS BEEN WITHDRAWN. NOT A LOT OF MONEY WHEN YOU THINK ABOUT THE ENTIRE ECONOMY OF HONG KONG. DON’T FORGET THAT PROTESTERS EXAGGERATE NUMBERS AS WELL. I WOULDN’T SAY THIS IS CATCHING ON IN THE CITY OF HONG KONG. WE SAW THOUSANDS MORALLYING IN THE HEART, THE FINANCIAL HEART OF THE CITY OF HONG KONG. IT WAS IN THIS PARK OUTSIDE OF THOSE ICONIC SKYSCRAPERS THAT DOT THE HONG KONG SKYLINE. NOW THIS HEADING INTO AN 11th WEEK OF PROTESTS. THIS WEEKEND WILL BE A BIG ONE SINCE THEY ARE CALLING FOR RATHER MASS RALLY, PRO-DEMOCRACY MARCH ON SUNDAY THAT SHOULD ATTRACT HUNDREDS OF THOUSANDS. THE LAST TIME THEY DID THIS TYPE OF MARCH WE HAD ONE TO TWO MILLION OF HONG KONG’S 7 MILLION RESIDENTS TAKING TO THE STREETS SO THAT IS SOMETHING TO WATCH. I SPOKE TO ONE OF THE STUDENT LEADERS TODAY, I ASKED THEM, THE INTERNATIONAL COMMUNITY IS ASKING THEM THEY WANT TO KNOW WHY YOU’RE DOING THIS. TAKE A LISTEN.>>WE DO NOT BELIEVE IN THE COMMUNIST PARTY, THE COMMUNIST PARTY IS EVIL. WE WON’T GO DELIBERATIONS WITH THIS COMMUNIST PARTY. WE DON’T HAVE FAITH WITH THEM. REPORTER: THERE ARE CONCERNS WHETHER OR NOT BEIJING MIGHT MILITARILY INTERVENE. PRESIDENT TRUMP SAID HOPES BEIJING TREATS HONG KONG PROTESTERS HUMANELY. I ASKED ONE OF THEM, WHAT DO YOU WANT THE PRESIDENT TO DO?>>WHAT I AM HEAR TO SAY, ASK DONALD TRUMP BE TOUGH WITH CHINA. BEING TOUGH IS THE ONLY LANGUAGE THAT TOTALITARIAN GOVERNMENT UNDERSTANDS. REPORTER: WE HAVE THE LATE, BRAND NEW VIDEO OF THE CHINESE MILITARY BUILD-UP ACROSS THE ALONG THE HONG KONG BORDER WITH CHINA. WE DO SEE AMASSING OF TROOPS AND TANKS, ARMORED PERSONNEL CARRIERS AS WELL. CHINA OF COURSE SAYS THESE ARE JUST EXERCISES. THIS IS IN PREPARATION FOR THE 70th ANNIVERSARY OF THE COMMUNIST PARTY’S FOUNDING. A LOT OF PEOPLE ARE MORE CONCERNED. I WOULDN’T SAY THE CHANCES ARE HIGH ACCORDING TO THE EXPERTS I SPEAK TO HERE IN HONG KONG BUT IS MORE, SHALL WE SAY HEIGHTENED CONCERN THAT CHINA MAY INTERVENE MILITARILY BUT A REMOTE CHANCE OF THAT, GUYS. MELISSA: SUSAN THANK YOU. CONNELL: WE’LL TALK MORE ABOUT THIS. JAKE PARKER, U.S.-CHINA BUSINESS COUNCIL SENIOR VICE PRESIDENT. GOOD TO SEE YOU. YOU HEARD WHAT SUSAN IS REPORTING THERE. YOUR CONTACTS ARE CERTAINLY IN THE BUSINESS COMMUNITY. WHAT IS THE BIG CONCERN FROM PEOPLE YOU’RE TALKING TO AS WE HEAD WHAT WE EXPECT TO BE A TENSE WEEKEND?>>HUMAN RIGHTS AND FUNDAMENTAL FREEDOMS ARE CORE VALUES OF BUSINESS, OUR BUSINESS EMPLOYEES AS WELL AS CONSUMERS. WITH ANY GROUP, WITH SIGNIFICANT OPERATIONS IN THE ASIA-PACIFIC REGION OUR MEMBER COMPANIES ARE WATCHING CLOSELY ACTIONS HAPPENING IN TAIWAN. THE ULTIMATE FOCUS FOR THEM THIS GETS RESOLVED PEACEFULLY. CONNELL: THEY’RE WATCHING CLOSELY HONG KONG AND ARE THEY MAKING ANY ADJUSTMENTS, ANY CHANGES TO THEIR PLANS RIGHT NOW OR IS IT JUST A WATCH, WAIT AND SEE FROM WHAT YOU’RE HEARING?>>CURRENTLY AT THE MOMENT, COMPANIES LOOK AT RISK MANAGEMENT STRATEGIES. OBVIOUSLY THE SHUT-DOWN OF THE HONG KONG AIRPORT CREATED DIFFICULTIES FOR INDUSTRY. HONG KONG HAPPENS TO BE A REGIONAL HEADQUARTERS FOR NUMBER OF COMPANIES THAT OPERATE IN THE ASIA-PACIFIC REGION. THEY’RE CAREFULLY EVALUATING THEIR SITUATION. THEY WANT THIS RESOLVED PEACEFULLY. CONNELL: THAT MOVE TO THE AIRPORT, IT WAS QUESTIONED STRATEGY WHETHER IT WAS BENEFICIAL TO THE PROTESTERS CAUSE OR DAMAGED IT BECAUSE WHAT JAKE BRINGS UP, INTERNATIONAL COMMUNITY HAS TO DEAL WITH DISRUPTIONS. OVER THE WEEKEND FROM WHAT YOU SAID, THEY WON’T BE THERE, RIGHT? THEY WILL BE IN OTHER PARTS OF CITY? SUSAN: THAT’S RIGHT. ON SATURDAY EVENING THEY WILL BE IN KOWLOON JUST ACROSS THE HARBOR HERE IN HONG KONG. ON SUNDAY IS BEING CALLED, DUBBED 8.18, AUGUST 18th, A MASS RALLY EXPECTED IN THE FINANCIAL HEART OF HONG KONG WHICH IS WHERE WE ARE. THEY WILL BE WALKING THIS LONG ARTERY FROM CAUSEWAY BAY ALL THE WAY TO CENTRAL WHERE THOSE FAMOUS SKYSCRAPERS ARE. THEY ARE EXPECTING A LOT OF PEOPLE TO COME OUT TO SUPPORT WITH A LOT OF PROMOTION AND SOCIAL MEDIA DOING CALLING BASICALLY PEOPLE TO THE STREETS. LAST TIME THEY DID THIS, I MENTIONED ONE TO TWO MILLION CAME OUT. THEY’RE EXPECTING HUNDREDS OF THOUSANDS. THAT IS A PRETTY BIG NUMBER. MAYBE THE DISRUPTION TO THE ECONOMY HAS TURNED GENERAL PUBLIC SENTIMENT. WE’LL SEE HOW SUPPORTIVE THE GENERAL PUBLIC IS TO THE HONG KONG PROTESTERS. CONNELL: THAT IS THE THING EVEN, JAKE, WITH THE STIMULUS PACKAGE, SUSAN BROUGHT THIS UP, MAYBE THEY WERE TRYING TO BUY OFF THE GENERAL POPULATION, THE GOVERNMENT, HERE ARE TAX REBATES AND SOME SUBSIDIES. YOU HAVE ALREADY THE DISRUPTION AT THE AIRPORT. IS THE THINKING FROM WHERE YOU SIT THEY CAN CONTINUE TO HAVE PUBLIC SUPPORT FOR THEIR CAUSE? THAT WOULD BE IMPORTANT IF THIS IS GOING TO DRAG ON FOR A WHILE?>>WE DON’T DEAL WITH THE PUBLIC IN HONG KONG AS MUCH BUT I CAN TELL YOU FROM THE BUSINESS PERSPECTIVE THEY’RE INTERESTED IN STABILITY. THEY LIKE STABILITY. THEY HATE UNCERTAINTY. AT THE MOMENT IN HONK COPPING, WHAT THEY’RE LOOKING FOR KEEP A PROFILE LOW, WATCH HOW THINGS UNFOLD AND KEEP EVERYTHING RESOLVED PEACEFULLY AND MOVE FORWARD THAT ALLOWS BUSINESS TO CONTINUE. CONNELL: YOU MENTIONED JAKE, HONG KONG BEING CENTER OF ACTIVITY IN THE REGION, A HEADQUARTERS FOR MANY COMPANIES WHAT IS THE IMPORTANCE — IT IS SEMIAUTONOMOUS REGION AS WE TALKED ABOUT OVER AND OVER AGAIN. GIVEN WHAT WE’RE GOING THROUGH WITH CHINA ON THE TRADE SIDE, WHAT IS THE REAL IMPORTANCE FOR COMPANIES IF THEY CAN’T OPERATE AS FREELY IN HONG KONG, WHAT DO THEY DO?>>IT IS IMPORTANT TO REMEMBER THAT THE HONG KONG-UNITED STATES POLICY ACT MUCH 1992 DOES GIVE HONG KONG SPECIAL STATUS FOR TRADE AND PERSPECTIVE ITS CITIZENS TRAVELING TO THE UNITED STATES. U.S. COMPANIES DO BUSINESS THERE BECAUSE OF ITS OPEN MARKET ECONOMY, BECAUSE OF ITS GEOGRAPHIC LOCATION AND FRANKLY PROXIMITY TO CHINA. CONNELL: RIGHT.>>WE HOPE THAT WILL CONTINUE GOING FORWARD BECAUSE ANY CHANGE IN THAT STATUS QUO WILL HAVE DETRIMENTAL AND DELETERIOUS IMPACT ON U.S. BUSINESS OPERATING IN THE ASIA. CONNELL: FINAL WORD TO YOU, SUSAN, TOMORROW IS A BIG DAY, SATURDAY, SATURDAY’S BIG DAY BUT SUNDAY IS THE REAL BIG ONE, RIGHT? SUSAN: SUNDAY IS THE REAL BIG ONE. I WOULD BE INTERESTED TO SEE HOW MANY TURNOUT. THAT IS A GREAT GAUGE HOW MUCH PUBLIC SUPPORT THEY HAVE. PUBLIC SUPPORT IS VERY IMPORTANT TO THE PROTESTERS. WE’RE STRETCHING INTO AN 11th WEEK OF PROTEST. THAT IS MORE THAN WHAT THEY SAW BACK IN 2014 WITH THE UMBRELLA MOVEMENT, WHEN THEY PRETTY MUCH SHUT DOWN ONE OF THE MAIN ROADS HERE IN HONG KONG. THEY CELEBRATED THAT TONIGHT. THEY SAID 68 DAYS. THAT IS A LONG ON GOING PROTEST HERE. THEY NEED THAT PUBLIC SUPPORT TO

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About the Author: Oren Garnes

100 Comments

  1. Not even mark zuckerberg wants to hold u.s. dollars because he knows its in trouble which is why he created his own cryptocurrency.

  2. trade war is hurting china, they want HK. in the process of trying to extradite ANYONE they want for what ever CHINA'S law they deem are broken (remember not HK law, but china law) they will just take you. THAT is the first step in taking HK over, get the ones who do not bow down to china communist rule. china will ruin HK economics as communist do not know how to run a democratic financial hub!

  3. hilarious, if any of these young thug protesters have money, they wouldnt be protesting LOL. trash withdraw all would not be even 5% of total wealth held from the rest of the HKers. fukin idiotic kids. watch them hold few grand and block roads, beat up elderly? too funny.

  4. IS THIS WHAT YOU WANT AMERICANS WHEN YOU CHOOSE SOCIALISM??? VOTE TRUMP 2020 LOVE YOUR FREEDOM LOVE YOUR COUNTRY…I LOVE AMERICA…VIVA USA…

  5. That a good joke, if I have ever heard one. These poor Chinese bastards haven't money in the bank to pay rent.

  6. Most these dumb brainwashed are clueless about finance, clueless that you brainwashed to cause harm to hk economy….

    Wahahaaaasses

  7. The non democratic dictator communist regime in Hong Kong is hell bent on silencing the voice of humans in Hong Kong.
    Independent statehood is only solution.

  8. Some people are chess masters and some people are pawns, unfortunately, they are not the former. Hope no one gets hurt.

  9. Our prayers are with you and the USA is watching! Hoping you keep your freedom from the evil Chinese government!

  10. The America now is not doing business with China . Mexico is the largest trading partner now. So what is a small Hong Kong! JUST FOR PLAY PLAY ONLY LET THE CHINESE PEOPLE PLAYING HIDE AND SEEK

  11. A company that puts their headquarters in a communist country should understand their risk. What part of communist do they not understand – this is not a US problem. Compassion for the people of Hong Kong but China is a communist country.

  12. SOLUTION : SHIP ALL SOCIALIST/LEFTIST LOVERS TO HONG KONG ,, THE RETURN TRIP BRING BACK THE FREEDOM LOVING DEMOCRATIC PEOPLES OF HONG KONG ,, 2 birds = 1 stone proverb , what could be more simple , when will we make this happen ? They are waving our FLAG , for god's sake , WE CAN NOT TURN OUR BACKS ON THIS ATROCITY !

  13. GOD ALMIGHTY, HAVE MERCY, HELP & PROTECT ALL KIDS FROM POLICE BRUTALITY & ABUSES IN ALL RALLIES IN HONGKONG, HELP THEM ACHIEVE THEIR GOAL FOR A DEMOCRATIC GOVERNMENT & LIVE FREE AS GOD INTENDED FOR ALL HUMANITY. GOD ALMIGHTY GET RID OF COMMUNISM, SOCIALISM & TYRANNY.

  14. These guys are now like those Osama's cave men cousins, keep inventing what next to target to disturb ordinary people's life.

  15. Very Good, these protesters will make the Hong Kong economy collapse and the poor people suffer more when tghey are not able to earn any money with the rallies and protests going on every day. China does not depends on Hong Kong for their trade or economy well-being. Hong Kong is nothing company to Shenzhen which has prospered ls speedily whereas the Hong Kong people are still fighting to own a decent flat to call home. Ask the British why are they ignoring all this basic needs of the poor people during their rule for more than 100 years but the rich and wealthy ones collaborates with the British to squander the wealth and assets of Hong Kong ?

  16. I think a China will inevitably take over Hong Kong way before the 2047 turnover. This protest is making it easier for them. No other countries would want to step in and defend Hong Kong simply because this is an internal matter. Globally China has become so powerful and important in the business aspect that the repercussions of going against them would be detrimental. Even the US can no longer be without China's trade, goods, movie industries etc. It would take more than a miracle at this point for the people of Hong Kong to stand against and defeat mainland China. I see Tibet 2.0

  17. Make Hong Kong independent. HK should have been the financial hub in Asia until the take over happened. Sucks… freedom fighters we pray for you….Let America socialist learn from you..Huge difference though is the American socialist are the most privelege people enjoying all the benefits of a capitalist country and all they are doing is dividing the country. brats…

  18. SOLUTION IS SIMPE: DEPORT ALL THE DEM RATS TO HONG KONG THEN IMPORT ALL THE PEOPLE OF HONG KONG TO USA. EVERYBODY WILL BE HAPPY AND GET WHAT THEY WANT!

  19. Fox tv your report is always self fulfilling philosophy when Hongkong returned to China Hongkong people feel proud to be Chinese and ending the western colonial power get eroded and proud to embrace their motherland China. The real crux of the problems in Hongkong today is social problems these rioters feel hopeless about their futures. They have limited places to thrive and they are too proud to blend in with their Chinese compatriots in China. If they can lower their barriers and blend in they are accepted in China. The same things happen in USA Alabama where the socially white get into poor living as the other races in the USA thriving

  20. hi American,don't just pray,we need dollars ,the CIA haven't pay us for a week,we hungry on the street,could you sponsor us some dollars to buy foods,here is my account 320756027856 ,我,香港人,打钱

  21. Hong kong people are fighting communist and here is US 50% of liberal communist is trying to change our God given free country and make it into secind China or Russia….God Bless America….;p

  22. China PLA must move in and shoot the protesters . let hongkong collapse, and retake hongkong. the rest of China will support China s takeover of Hongkong physically and economically.

  23. Migrate Hong Kong people into California kick out all liberal comunist and they will make it into real American city….;p

  24. This is hilarious… I guess foreign aid is running low on funds getting protesters to withdraw funds to keep where? At home on in their pockets? I'm guessing many people are going to get robbed this weekend…

  25. Like Iran and Venezuela, nothing change After this Protests. Non democraty Government lives longer, that's History and truly.

  26. poor guy,Hong Kong has trillions of Hong Kong dollars,they take out 3 million Hong Kong dollars,and wanna make a run on a bank,what a joke

  27. that military build up is only 10 miles away from Hong Kong, there is no other reason for them to suddenly pile the vehicles there all of a sudden.

  28. Yes Hong Kong!! Freedom is costly but so worth it! Freedom is not free and should never be taken for granted!!! FIGHT hard and never give up!!! Freedom is the sweetest thing you will ever taste. Delicious!!!
    Trust in GOD, pray, GOD loves Freedom, too.

  29. USA trying Arab Spring in HK, likely to fail this time as supporters are all violent and losing support from HK residents. HK police restraint and forgiving slowly winning ground.

  30. Very interesting comments 🙂 US leftist vs. HK rightist … Left and right in west and east seems completely opposite.

  31. It was heart warming to see the US flags flying and the protestors singing American National Athem.

    They are not Sociolist. That is for certain

  32. It looks like the beginnings of a civil war with Hong Kong and eventually Taiwan and could spread across Asia and become a humanitarian disaster, inciting the west to get involved in this rapidly deteriorating terrible conflict.

  33. it is fruitless they can print unlimited money, unless they make ethereum their money and only sell there goods in exchange of ethereum

  34. MASSIVE ATM withdrawals, as massive as an exaggerated 9 million HKD!

    Come on guys, please don’t do this. Your city has lost billions of dollars. You have done nothing more than hurting your own people and your own economy.

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