Either Hong Kong becomes like China in 2047, or China becomes more like Hong Kong. Hong Kongers have already chosen a side.
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It wasn’t that young anti-CCP voters turned out in droves. The middle class turned out big as well, giving the protesters a huge win in their ongoing call for the right to vote for political leaders, rather than picking from a list handed to them by an establishment that’s building closer ties to Beijing.
The Hang Seng rose 1.5% on the news, with the Shanghai Composite also settling higher on the day, up 0.72%. The record turnout is a problem for Hong Kong executive Carrie Lam who is largely seen as having failed to control and contain the protesters. The pro-protester crowd just won a “mandate” on Sunday.
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