kong is a democracy and there is universal suffrage in hong kong for the people of hong kong for the district council elections therefore the fact that the election results are such speak loudly for the favor of hong kong has democratic rights people can vote whatever they want to do for the results speak for themselves because none of the persons are running for the described district council had a in the courage to stand out for violence they stood for legal and lawful means of exercising their democratic rights i think that counts so so long as democracy. exercised the peacefully and lawfully everyone is a winner no one is a loser what we need to the popes in hong kong is violet's you that is the key you ignore the fact that china's plan has been to chip away at hong kong's freedoms and democracy and so they were all meaningless and then beijing reassert full control in that that's been the plan hasn't it all wrong again with due respect i disagree why should beijing of the central government in hong kong. take away any liberties or freedoms in hong kong with a deal they did mr y

as an advisor to hong kong's chief executive. she's a powerful woman in hong kong and a personification of the enemy in the democracy camp after 3 months of protests no it looks like to us that's the number of peaceful demonstrators instantly but the top call is this the violence is escalating and they are throwing a whopper petrol you know so that's is worrying. there's no question that some parts of the movement are becoming more radical. nor that the police are also using excessive violence. to trust between the government and the people has reached a fairly low point who has always been the case in recent years that's a lot of people find it hard to trust the government completely. hardly anyone is talking about the extradition bill now. now the movement is demanding an investigation into police brutality as well as amnesty for activists who've been arrested releasing protesters from the criminal status as rioters and most of all free elections overnight the slogan 5 demands none less was created it's become one of the battle

seventies but it's failed to do it in hong kong the hong kong is a different ever since 9097 told this part of china that china has practiced a one country 2 systems so in hong kong. the primary responsibility of maintaining law and order is resting on the shoulders of the whole cot he said our government and the chief executive carried the hong kong government that's approved by beijing absolutely hong kong is part of china and one of the one percent is doing beijing's business not doing it not doing it very well is it it's failed it's failed to keep the hated extradition more or didn't it was forced to withdraw that it tried threats calling the demonstrators rampant and did range them warning that a blow from the sort of law was waiting for them in the future. these threats affect well i think there are china not understand what is dealing with hong kong i think there are many different ways to look at what's happening in hong kong i would say the primary situation right now is law enforcement you are talking about a restoration of law and order in hong kong and democracy of course w

kong is a democracy and there is universal suffrage in hong kong for the people of hong kong for the district council elections but therefore the fact that the election results are such speak loudly for the favor of hong kong has democratic rights people came forward to whatever they want to do for the results speak for themselves because none of the persons are running for the described district council had a in the courage to stand out for violence they stood for legal and lawful means of exercising their democratic rights i think that counts so so long as democracy democratic rights are exercised the peacefully and lawfully everyone is a winner no one is a loser what we need to the pope's in hong kong is violence you that is the key you ignore the fact that china's plan has been to chip away at hong kong's freedoms and democracy until they were all meaningless and then beijing could reassert full control in that that's been the plan hasn't it already long again with due respect i disagree why should beijing of a central government in hong kong. take away any liberties or freedoms

but it's failed to do it in hong kong the hong kong has a different ever since 9097 told this part of china that china has practiced a one country 2 systems so in hog. the primary responsibility of maintaining law and order is resting on the shoulders of the whole caught he said our government and the chief executive carried government that's approved by beijing absolutely hong kong is part of china and one of the one percent it is doing beijing's business not doing it not doing it very well this is it it's failed it's failed to keep the hated extradition more didn't it was forced to withdraw that it tried threats calling the demonstrators rampant in the range them warning that a blow from the sort of law was waiting for them in the future. these threats affect well i think there are china not understand what is dealing with hong kong i think there are many different ways to look at what's happening hong kong i would say the primary situation right now is law enforcement we are talking about a restoration of law and order in hong kong and democracy of course when the british left hong

as an advisor to hong kong's chief executive. she's a powerful woman in hong kong and a personification of the enemy in the democracy camp after 3 months of protests you know it looks like to us that's the number of peaceful demonstrators it's been doing but the hot cocoa to this violence is escalating they are throwing along perpetual you know so that is worrying. there's no question that some parts of the movement are becoming more radical. nor that the police are also using excessive violence. the trust between the government and the people has reached of very low point who has always been the case in recent years that's a lot of people find it hard to trust the government completely. hardly anyone is talking about the extradition bill now. now the movement is demanding an investigation into police brutality as well as amnesty for activists who've been arrested releasing protesters from the criminal status as rioters and most of all free elections overnight the slogan 5 demands none less was created it's become one of the batt

stations have been destroyed all over hong kong. before the sunday demonstrations workers try to say what can be saved. regina is an advisor to hong kong's chief executive. she's a powerful woman in hong kong and a personification of the enemy in the democracy camp after 3 months of protests no it looks like to us that's the number of peaceful demonstrators instantly but the hot cocoa to this violence is escalating and they are throwing a lot of petrol bombs you know so that is worrying. there's no question that some parts of the movement are becoming more radical. nor that the police are also using excessive violence. the trust between the government and the people has reached of very low point who has always been the case in recent years that's a lot of people find it hard to trust the government completely. hardly anyone is talking about the extradition bill now. now the movement is demanding an investigation into police brutality as well as amnesty for activists who've been arrested releasing protesters from their criminal statu

of law and order in hong kong and democracy of course when the british left hong kong in 9097 it did not leave behind a lot of democracy to talk about but the british did leave behind deeply entrenched the rule of law traditional i think we all need to be very grateful for that and it is now law and order very much at stake in hong kong we should not be confused with any other grievances and political pursuits in hong kong they are important and they need to be dealt with but law and order is the primary responsibility of the hong kong government right now they think to look at the results of the local elections in november the enormous blow to china's prestige 22 years after the territory was herded over by britain the pro-democracy camp tripled its vote from 2015 they won 17 out of 18 councils none of which they previously won allow me to make several points 1st of all the district election result speaks for itself however the district councils in hong kong cannot operate without stability and evaluators prevailed none of the 18 district councils can really serve the primary purpos

hong kong streets tell a different story on sundays. hundreds of thousands of hong kong citizens are turning out in mass displays of civil disobedience. at the beginning of this wave of protest in early june the masses were demanding the withdrawal of an extradition bill which would have allowed hong kong to deport criminal suspects to china the. the outrage over the proposal took lawmakers completely by surprise. kong's pro chinese chief executive carrie lamb seen here at her inauguration 2 years ago in beijing underestimated the extent of the citizens anger for far too long for her the people's wrath grew ever more threatening with each confrontation between activists and the police. and. the angry citizens of hong kong feared that the law would expose them to china's arbitrary legal system. as carrie lamb retracted the controversial bill at 1st reluctantly but then more resolutely she had long lost control of the situation. carlos and often this is going to withdraw the bill not coming the protests because a lot of people have said t

hong kong. interestingly, economists are forecasting on a quarter on quarter basis next year we will see pulling out of a recession or expected to pull out of a recession after falling into recession for a third quarter for the first time in a decade. one aspect of hong kong's market that has held up very -- fairly well if you are looking for a silver lining, is the real estate market. property prices in hong kong have dropped 6% from the peak back in june. relative to everything else, it actually does fairly well if you think about only a 6% drop. glassking at the half-full, it's quite a low base we are going to be jumping up from into next year. is that going to be enough? is the worst over? about the goalk post, there's an interesting point because from our latest survey of bloomberg economists -- no, go ahead. i'm hoping we will still have electricity next year. >> you stop talking, no one will know you are there. >> when it comes to your on your results, we are actually expecting your on yo

reminder that the voice of protest in hong kong is far from diminished. it began peacefully on june the 9th with a march against a bill for an extradition deal with china and the protest movement might well have ended then if hong kong's chief executive kerry lamb had heeded their demand to know absolutely found a man had succeeded with the withdrawal of the bill to safeguard our freedom nothing would have happened benson ho never saw him so it was a front line activist but that's what he's become he's been arrested and forced to leave home. with hall gaulois i told my dad we're going out to fight for the rights we deserve we had a big fight and after that he said move out move out if you don't want to stay at home anymore. benson was also there when protesters smashed their way into the heart of hong kong's government the debating chamber of the legislative assembly many wearing the hard hats and face masks that have become symbols of this leaderless movement. as the long hot summer rolled on the air became more toxic. it was now a color many in white ch

that hong kong is still a good place to invest it not so hong kong is a free and open society and it says that the hong kong government still respects the one country 2 systems policy now hong kong's chief executive terry lamb is currently in beijing she said to make she didn't pick this afternoon this morning she went to. her night at hong kong's unfortunate economic situation he said that china has now said that hong kong is not out of the start of the hong kong is not out of its financial dilemmas yet but says the county facing unprecedented and challenging times but we expect kerry lamb to update the all of us tomorrow which is choose day when she does potentially a briefing on the visit to beijing. thank you for that sarah clarke in hong kong. 2 other news in these 4 people were killed in sunday's powerful earthquake in the southern philippines rescuers are searching for survivors after the magnitude 6.9 quake hit the island of mindanao the region still recovering from a series of earthquakes in october jamila island is in doubt where family members of the missing are still wait

kong people are supporting them with this scheme caleb's among the growing ranks of hong kong is finding inventive ways to support the pro-democracy cause. when you picture the hong kong protests warehouses like this one won't be the 1st thing that springs to mind but it's far from the front lines behind the scenes initiatives like this one that are quietly and collectively sustaining this movement caleb says he hopes one day he and his team won't have to hide their identities and will feel safe to proudly admit the role they have played. we have glacier kwan joining us in the studio she's a member of the hong kong activist a group keyboard frontline glacier with that do you report we just saw you have these volunteers not on the front lines because they feel like they can't necessarily participate in the protests all the time is there still a danger to the work they're doing yes of course there are dangers for not being very involved in the front line as well because if they are found or their identities being revealed they will get themselves into trouble i have friends who do similar

there are many christians in hong kong. i preached in hong kong. there are a lot of wonderful churches that are there. these people are very, i mean, they have been persecuted. we see this persecution taking place in many areas of china and we just need to pray that god will give wisdom to the leaderships in beijing. the bible tells us to pray for those in authority, whether our president or those in authority in china. we're commanded by god to pray. david: there have been attempts to make deals. we're trying to make a trade deal with the communist government of china right now, a very important one. it's a huge country. the catholic church though has made some deals with the communist government that have not turned out too well. in fact they gave the communist government authority to play a part in choosing of cath lech -- cath bishops on the chinese main land. they feel that this was a sellout to the communist government. is there any deal you can make with a communist government that uses repression as a form of politics? >> that is a tough qu

banks ine are watching hong kong. the chief signaled the monetary authority has lowered capital buffers further after doing so in october, if the economy keeps slowing or the property sector weakens. and other see regulators have started discussing details of a wealth management connect program and open at the end of this year. we are looking at chinese automakers with november sales figures out. they would see a 50% slide in new energy sales last month. castle asset management partners will be with us at the open of the chinese markets to discuss strategy. this is bloomberg. ♪ ♪ a.m. -- 9:00ot :00 a.m.. welcome to "bloomberg markets: china open" >> this is look at our top stories. unexpected shipment showing why china needs a trade deal. sliding global demand increasingly hurting mainland economy. thousands joins hong kong's biggest demonstration months. the test will drag on into the new year. demonstrations will drag on into the new year. >> still room to act in support. ♪ >> the countdown clocks are ticking

there is less optimism in hong kong. the financial secretary said the economy is set to end the year in contraction as months of protests take their toll. there is course for massive evacuations in australia as wildfires continue to burn amid a heatwave. shery: starting with breaking news out of south korea, we are getting industrial reduction numbers for november, contracting .5% is missing esti. it was expected to stay flat. it is a stabilization after a fall of 1.7%. the previous number for october was revised higher, contraction of 1.6%. we are talking about a contraction of 0.3% year on year, a stabilization from the decline of 2% in the previous months. we have seen some signs of stabilization in the wider region and china's industrial profits showing a rebound of 5%. more signs we could see stabilization in the region. up for then exports first 20 days of the month contracting 2% year on year. this coming after double-digit declines in the past six months. industal production, month on month by half of 1%, missing

kong people are supporting them with this scheme caleb's among the growing ranks of hong kong is finding inventive ways to support the pro-democracy cause. when you picture the hong kong protests warehouses like this one won't be the 1st thing that springs to mind but it's far from the front lines behind the scenes initiatives like this one that are quietly and collectively sustaining this movement caleb says he hopes one day he and his team won't have to hide their identities and will feel safe to proudly admit the role they've played. we have glacier kwang joining us in the studio she's a member of the hong kong activist a group keyboard frontline see a glacier with that do you report we just saw you have these volunteers not on the front lines because they feel like they can't necessarily participate in the protests all the time is there still a danger to the work they're doing yes of course there are dangers for not being very involved in the front line as well because if they are found or their identities being revealed they will get themselves into trouble i have friends who do sim

hong kong is legendary for it shopping but the scenes of mayhem in a hong kong shopping mall just days before christmas show why there is little festive cheer for the territory's retailers this year. protesters are taking aim at hong kong's key retail sector to press home their demands for democracy. district elections last month showed strong support for protests but the demonstrators have disrupted christmas shoppers and clashed with the police. and uncertainty about hong kong's future means that the mood among those who do venture out to places like times square is bleak. definitely wristband us than before it's because they were during the of a situation says i think some of the uncle he was. not such a christmas was to buy and if it is not saved go out yes and not happy at all we are not very in the mood and yeah hong kong this is a really hot moment yes. pacific place is normally packed with bargain hungry consumers from mainland china and local buyers getting ready for christmas. much of the protesters i'm sure has been focused on china's increasing influence in hong kong and ma

ranking hong kong number 26. that is behind singapore, key rival in the region. >> when you think about what china recently floated, about making macau a financial center for the asia-pacific region and i think that is fascinating. hong kong is known for being a financial sector-section of the region-and i wonder if they have to be looking at, what is their future? >> yes and it is interest in you point out the macau story. that is another territory that is had a similar background with portuguese: -- portuguese colonists. the history seller to hong kong, but the way they have developed since going back to china has been fascinating. they have been really more for china, very cooperative tour the chinese. -- cooperative toward the chinese. president xi jinping visited last week and gave a speech saying how macau could be a model for other regions as well. so the macau economy at the hong kong economy now seeing big differences. stance exactly is the now with regard to hong kong from beijing? and carrie lam and he

but it's failed to do it in hong kong the hong kong has a different ever since 9097 we're told this part of china that china has practiced a one country 2 systems so in high. the primary responsibility of maintaining law and order is resting on the shoulders of the whole cot he said our government and the chief executive carried the hong kong government that's approved by beijing absolutely hong kong is part of china and one of the one percent is doing beijing's business not doing it is not doing it very well is it it's failed it's failed to keep the hated extradition law didn't it was forced to withdraw that it tried threats calling the demonstrators rampant in the range them warning that a blow from the sort of law was waiting for them in the future. these threats. well i think there are china not understand what it's dealing with because i think there are many different ways to look at what's happening in hong kong i would say the primary situation right now is law enforcement we are talking about a restoration of law and order in hong kong and democracy of course when the british lef

of law and order in hong kong and democracy of course when the british left hong kong in 19 only 78 did not leave behind a lot of democracy to talk about but the british did leave behind a deeply entrenched the rule of law traditional i think we all need to be very grateful for that and it is now law and order very much at stake in hong kong we should not be confused with any other grievances and political pursuits in hong kong they are important and they need to be dealt with but law and order is the primary responsibility of the hong kong government right now this it took a look at the results of the local elections in november the enormous blow to turn his prestige 22 years after the territory was herded over by britain the pro-democracy camp tripled its vote from 2015 they won 17 out of 18 councils none of which they previously more allow me to make several points 1st of all the district election result speaks for itself however the district councils in hong kong cannot operate without stability and evaluations prevailed none of the 18 district councils can really serve the prim

hong kong is legendary for a shopping but the scenes of mayhem in a hong kong shopping mall just days before christmas show why there is little festive cheer for the territories retailers this year. protesters are taking aim at hong kong's key retail sector to press home their demands for democracy. district elections last month showed strong support for protests but the demonstrators have disrupted christmas shoppers and clashed with police. and uncertainty about hong kong's future means that the mood among those who do venture out to places like times square is bleak. for the respect and us than before just because they were doing to have a situation says i think some more of us. know such as christmas was to go by and if it is not saved go out and yes and not happy at all we are not very in a mood and yeah hong kong this is a really hard moment yeah. pacific place is normally packed with bargain hungry consumers from mainland china and local buyers getting ready for christmas much of the protesters i'm sure has been focused on china's increasing influence in hong kong and mainlande

right phoebe kong speaking to us from hong kong thank you very much for that. for south korea's conservatives the country's politics is the 2 presidents those behind me former president. and incumbent. of the one dog who was imprisoned for abuse of power back in office. in out and they're using the power of you tube to galvanize their movement. so 3 mm conservatives and their army of you tubers have been hitting the streets in force to reverse the impeachment of former president bach and heading into ows current progressive president mungy in from office many opposition politicians blame what they see as a critical and corrupted media environment for pox downfall and see youtube as the key to correcting that in justice money was to undermine critical to the etiology a liberal democracy means believing that media egypt has the potential to break a monopoly of control by the mass media outlets is the major broadcast networks and major dailies in 2016 massive demonstrations driven by progressive social media forced pock from power conservatives have since reacted

hong kong. before the protests, we were are we talking about the fact that hong kong was starting as a tourismraw spot. the mainland middle-class was able to travel further. yes, the process has been a big factor but the shine is starting to come off of hong kong shopping a little before the process. paul: in terms of those protests, is there any hope that there may be some relief in 2020? ros: many of the authorities and lawmakers are thinking that these trends are set to continue. amy not in as large a scale as previous months -- maybe not as large a scale as the previous month but there was a smaller scale protest over christmas. there will be another rally planned for january 1. this has been planned by the civil human rights front. this has organized some of the biggest protests in the last few months in hong kong. we will be seen at the gathering on that day. paul: that was rosalind chin in hong kong. president trump is facing criticism from what the opponents. complaint triggered the cong

navy and afterwards visits to hong kong. china will also impose sanctions on the national endowment for democracy national democratic institute for international affairs international republican institute human rights watch freedom house and other n.g.o.s are actively involved in the hong kong riots as to when it will end it depends on america's behavior. this comes hot on the heels of trump signing into law last week the hong kong human rights and democracy act the new legislation would sanction any chinese and hong kong officials believed to be involved in human rights violations in the special administrative region times decision was met with jubilation by protesters in hong kong they swarmed outside the u.s. consulate waving american flags and thing in the u.s. national anthem. dr pack known juan is a senior lecturer in politics and international relations at the university of bath and kearney joins me on the line now very good evening to you tube and what we're witnessing now donald trump's move china's countermove is t

evolving in hong kong? brett: i think last month was a little bit of a wake-up call for everyone that is in and around hong kong. when the protests got into central, things were a little different and they were highlighted by those that have not seen a lot of it. everythingrday, looked like people would take the higher ground and allowed the legislators to move forward. i think that would be a great thing. i caution all the time that in an age of double -- in an age of diplomacy, if you don't choose your words wisely, you get something that you cannot put back into the bottle. i don't think we are there. there is some sort of level head that is come into the situation. hopefully, people can get to the table to talk about what they need to because i believe that at the end of this whole movement -- it was being driven and nobody knew what principles were really driving it. they had gotten so far from what started it. i hope this can be that levelheaded opportunity where both parties can get to the involvedh

what is happening in hong kong ever since i'm bradley campaign is that the hong kong people believe especially young people students believe their freedoms are undermined eroded. the one country 2 systems policy how to maintain an easy compromise since hong kong's return to china in 1907 in 2014 mastodon purchase against the lack of democratic process caused widespread destruction before phone police action and legal intervention brought the so-called umbrella revolution to an unproductive and . that the discontent remained. in the summer of 2019 as the hong kong secretive council try to introduce a controversial new extradition will. that discontent once again took to the streets. on last. week's edition will was abandoned but the protests continue and. they send in police and escalate the violence. and that transformed the whole dynamics in hong kong from a very specific protests and specific demands to become something much much bigger then it becomes a matter of to with the. political to government it becomes a matter of democracy in hong kong. finally spread into purchases. purchases and

bride phebe kong speaking to us from hong kong thank you very much for that. for south korea's conservatives the country's politics is a tale of 2 presidents those behind me former president. and incumbent. the thought of a want who was imprisoned for abuse of power back in office and moon j. in out and they're using the pod of u 2 to galvanize their movement. so the cream conservatives in their army of you tubers have been hitting the streets in force to reverse the impeachment of former president. into ows current progressive president mungy in from office many opposition politicians blame what they see as a critical and corrupted media environment for pox downfall and see you tube as the key to correcting that injustice moneywise to undermine screws building the etiology the liberal democracy means believing that media egypt has the potential to break a monopoly controlled by the mass media such as the major broadcast networks and major dailies in 2016 massive demonstrations driven by progressive social media forced cock from power conservatives have since

are you focused on those protests in hong kong? is there a potential opportunity given the valuations are looking attractive to some in that market, or is there a potential that this is a systemic risk? >> you know, i think that is mainly an internal issue within china. , the long-term narrative, which has been happening for well over a decade, is opening up agenda of the china renminbi and local capital markets to the rest of the world. i think if you want to call that making hong kong less important as an entryway in and out of china. our offices are in shanghai, and we do that because i think, going forward, shenzhen, shanghai and beijing to a lesser extent, are really important cities in their own right for the capital markets in china. >> are you still seeing demand in terms of inflows into your china etf's from, for example, u.s. investors? >> ok. let me say it, no. let me be very clear, the headlines, the trade war, everything going on has basically put americans on their heels as far as investing in china. there are certain

david: it is a downbeat and to the year for hong kong -- end to the year for hong kong. it will contract for the fourth quarter. selina: tesla charging of its expansion plans, and we will assess the impact on the saturated ev market. ♪ david: welcome to the program. a quick market check, chinese markets have been running 30 minutes. as for his volumes are concerned, when it comes to the csi 300, volumes are quite heavy. we are on track for 15 billion shares. 50% heavieres are than usual -- currently 15% heavier than usual for volumes. the hang seng index, that is the sixth or seventh best-performing index of globally so far. the hong kong dollar is on track for the strongest all -- strong response. -- tongass month -- strongest month. a bit later on

as an advisor to hong kong's chief executive. she's a powerful woman in hong kong and a personification of the enemy in the democracy camp 3 months of protests you know it looks like to us that's the number of peaceful demonstrators instantly but the hot cocoa to this violence is escalating they are throwing a lot of petrol you know so that. there's no question that some parts of the movement are becoming more radical. nor that the police are also using excessive violence. to trust between the government and the people has reached a furry low point who has always been the case in recent years that's a lot of people find it hard to trust the government completely. hardly anyone is talking about the extradition bill now. now the movement is demanding an investigation into police brutality as well as amnesty for activists who've been arrested releasing protesters from the criminal status as rioters and most of all free elections overnight the slogan 5 demands none less was created it's become one of the battle cries of the movement

as an advisor to hong kong's chief executive. she's a powerful woman in hong kong and a personification of the enemy in the democracy camp 3 months up quotes misty no it looks like to us that's the number of peaceful demonstrators instantly but the hop call is this the violence is escalating they are throwing a lot of petrol you know so that is worrying. there's no question that some parts of the movement are becoming more radical. nor that the police are also using excessive violence. the trust between the government and the people has reach a fairly low point it has always been the case in recent years that's a lot of people find it hard to trust the government completely. hardly anyone is talking about the extradition bill now. now the movement is demanding an investigation into police brutality as well as amnesty for activists who've been arrested releasing protesters from the criminal status as rioters and most of all free elections overnight the slogan 5 demands none less was created it's become one of the battle cries of t

shery: breaking news, hong kong seen sevenit has hong kong air lines and jets. kongve heard the hong airlines has been struggling before the antigovernment protests. now we are hearing the airport authority of hong kong has grounded seven aircraft from this embattled carrier, hong kong airlines, to protect their financial interests. the carrier continues to see headwinds, given the anti-beijing protests that have been ongoing in hong kong the past seven months. hong kong airport authority saying they have seen seven hong kong airline planes. let's get the first word headlines. xichinese president reaffirmed support for carrie lam, saying they have faced and mostmmest complicated situation returning to chinese rule. she says they will work together to put developments back on the right path, as lam made her annual visit to beijing. >> they said this is unprecedented. what we are facing is a situation which has never happened in hong kong after reunification. severity of the situation and the difficulties we are facing, i can say the leaders fully appreciate the e

hong kong talking about the biggest political issues. abigail: investors sift through data to get a handle on global trends. >> we are now in a boom period in terms of prices in real estate, by any means. >> all of this means slower growth going into the fourth quarter of the year. >> the economy is fairly weak , but the data today shows things moving in the right direction. abigail: alibaba goes public on their home turf. >> the company narrows the valuation gap to amazon. abigail: the u.k. election campaign heads into the home stretch. >> it is very easy to see how we could end up in a hung parliament territory. abigail: m&a madness with a delusion of big deals. >> this is a company that has been on an acquisition spree. >> a lot, but they can deftly do definitely do it. >> the general feeling is they probably will go through, but how long it will take? abigail: a new suite of leaders brings a fresh set of goals to the european commission. >> climate change is existential. but it is a huge opportunity, too. >> every company should cont

eson‘s team is in downtown hong kong. they are holding territory from the police while the demonstrators march past. the black flag is the police‘s warning they are about to use tear gas. and in response, the protesters light their barricades. it's notjust the politically active out on the streets. holly is a professional nurse, and for months, she has been supporting the protesters after her long shifts at the hospital. holly is one of many dedicated first aid volunteers who come out on a regular basis. violence has been steadily on the increase. police regularly deploying rubber bullets and tear gas, resorting to brutal violence on empty undergrounds. protesters storming buildings and taking on the police on the streets. meanwhile, the authorities have been slow to respond to the protesters demands, preferring to condemn their actions. violence is not a solution to any problem. violence will only breed more violence, and at the end of the day, the whole of hong kong and the people will suffer as a result of the loss o

viviana: voters in hong kong deliver a message that is crystal clear. >> the people of hong kong talking about the biggest political issues. abigail: investors sift through data to get a handle on global trends. >> we are now in a boom period in terms of prices and real estate. >> all this means slower growth going into the fourth quarter of the year. >> the economy is fairly weak but the data today shows things moving in the right direction. abigail: alibaba goes public on their home turf. >> it could help the company narrow the valuation gap to amazon. abigail: the u.k. election campaign heads into the home stretch. >> it is very easy to end up in a hung parliament territory. abigail: m&a madness with a of big deals. >> and lot, but they can deftly do it. >> the general feeling is they probably will go through but how long it will take. abigail: a new suite of leaders brings a fresh set of goals to the european commission. >> climate change is existential. it is a huge opportunity. >> every company should contribute. >> indeed, the banking union will be one or also the commission's pri

watching out of hong kong. this is bloomberg. ♪ haidi: a quick check of the latest business flash headlines. black friday deals likely helped with the most u.s. auto sales last month but it seems nissan missed out. spurredl year inventory carmakers and dealers to offer record discounts which was not enough to prevent slumping almost 16%. shery: united airlines is set to be close to ordering its first airbus deal which would be a new setback for boeing as it struggles with the grounded 737 max. we are told united wants 50 of the long-distance a-321 lxr jet s, with the delivery to begin 2024. the deal would be worth just over $7 billion before customary discounts. haidi: alibaba is to sell more shares in hong kong and offering an additional 7500 shares at the price of 176 hong kong dollars. exercising the 15% option. that means it should raise about one's point -- $1.7 billion. the extra shares are set to be begin trading on friday. shery: markets open at the top of the hour. let's turn to sophie for what to wa

hong kong is legendary for a shopping but these scenes of mayhem in a hong kong shopping mall just days before christmas show why there is little festive cheer for the territory's retailers this year. protesters are taking aim at hong kong's key retail sector to press home their demands for democracy district elections last month showed strong support for protests but the demonstrators have disrupted christmas shoppers and clashed with police. and uncertainty about hong kong's future means that the mood among those who do venture out to places like times square is bleak. for the respected us before this because they were during the of a situation so i think some of the worst in the north such as christmas was to go by and if it is not safe to go out yes and not happy at all we are not very in the mood and hong kong this is a really hard moment yes. pacific place is normally packed with bargain hungry consumers from mainland china and local buyers getting ready for christmas. much of the protesters i'm sure has been focused on china's increasing influence in hong kong and mainlanders are

kong would lose its special status and china has an awful lot invested in hong kong and if it sent in the people's liberation army it would lose a lot of money and also was willy lam said in my report if that pilate were to come in here it would be a sort of tacit recognition recognition that china's efforts to try to win the hearts and minds in hong kong were a failure 22 years after the handover you know i think hong kong remains enormously important to china just a few weeks ago we got a reminder of that when one of the biggest corporations in china listed on the hong kong stock market why did you do that well because there's no other stock market in asia you could handle a flotation of that size so yes china wants you know hong kong to succeed and to survive. i was there is a dream brown reporting live there from hong kong adrian many thanks the u.s. is widening its investigation into the attack at a naval base in florida on friday saudi national mohammad saeed ronnie shot dead 3 students at an aviation school 10 saudi citizens are now being questioned about the shooting the u.s.

kong when something i just don't really seem to understand i mean are looking at hong kong i know that there's an enormous amount of inequality there that is. it's the responsibility of the hong kong government and it's a one country 2 systems so why all the arrow at beijing and of course we know the united states is cheering it on along with its western allies as an era tend to china go ahead marcus your thoughts well later anyone here is o'shea we've pikelets or can concludes that what is happening in hong kong or indeed what has been happening since the summer is concerts it is well planned and it is exceedingly well executed and it is only possible true to so cold all special services that we have to ask.

eson‘s team is in downtown hong kong. they are holding territory from the police while eson‘s team is in downtown hong kong. they are holding territory from the police while the demonstrators march past. the black flag is the police‘s warning they are about to use tear gas. and in response, the protesters light their barricades. it's notjust the politically active out on the streets. holly is a professional nurse, and four months, she has been holly is a professional nurse, and for months, she has been supporting the protesters after her long shifts at the hospital. holly is one of many dedicated first aid volunteers who come out on a regular basis. violence has been steadily on the increase. police regularly deploying rubber bullets and tear gas, resorting to brutal violence on empty undergrounds. protesters storming buildings and taking on the police on the streets. meanwhile, the authorities have been slow to respond to the protesters demands, preferring to condemn their actions. violence is not a solution to any p

hong kong is legendary for a shopping but these scenes of mayhem in a hong kong shopping mall just days before christmas show why there is little festive cheer for the territory's retailers this year. protesters are taking aim at hong kong's key retail sector to press home their demands for democracy district elections last month showed strong support for protests but the demonstrators have disrupted christmas shoppers and clashed with police. and uncertainty about hong kong's future means that the mood among those who do venture out to places like times square is bleak. for the respected us and before this because they were going to have a situation so i think some more of us know no such show christmas was to go by and if it is not saved go out yes and not happy at all we are not very in a mood and yeah hong kong this is a really hard moment yes. pacific place is normally packed with bargain hungry consumers from mainland china and local buyers getting ready for christmas much of the protesters are angry has been focused on china's increasing influence in hong kong and mainlanders are

sophie: i'm sophie kamaruddin in hong kong. welcome to daybreak asia. ♪ this: our top stories tuesday -- u.s. stocks fall on renewed trade fears. markets digest new tariffs for brazil and argentina. and warnings on additional duties on china. restraintts back with from protesters in hong kong. the u.s. navy can no longer visit the city. she race to roll out 5g pit the u.s. against china. we will get telecoms' views on rivalries from huawei. shery: breaking news out of south korea. we have the final third quarter gdp numbers. year on year growth of 2%. that is in line with the advanced estimate. same thing for the quarter on quarter numbers, grown 4.4% which is the same as the advanced estimate. the year on year number is really staying steady at 2% growth for the past two quarters. we have seen a lot of negative sentiment around the korean economy. a contraction in an investment and a slight slowdown in consumption. the korea government has capex spending so government spending has been a kees source of support. pmiave seen m

reference to hong kong even though he did not mention hong kong at all so far. shery: right now, viewers watching the flag raising ceremony in macau, happening at the moment. but tell us, macau has been rather politically stable, right? we have not seen protests since 2014 or so. so why the big difference with hong kong? even then, the protests were fairly small. with14, this year as well, the six months we have been seeing which has been ongoing. financial and economic futures as well. withifference largely lies the legacy left behind by the colonial masters when the british left hong kong and there was an international financial center at work here in hong kong. in macau, it was a gaming enclave. not only was that dominated by one person, the chinese authorities did open up the gaming industry to outside players. have seen other gaming players other than sammy houck, who dominated it. that helps macau's economy kick off in the last 20 years or so. however, of course, this has helped them economically. on china,ery reliant even more dependent because of its rel

outlook for hong kong -- immediate term outlook for hong kong and the region continues to be positive. juliette: that wraps up our special edition of "bloomberg best." we hope you have enjoyed these conversations from bloomberg television's coverage of business, finance and politics in asia during 2019. we look forward to bringing you more news, analysis and interviews in the year ahead. thanks for watching. i am juliette saly. this is bloomberg. ♪ here, it all starts with a simple... hello! hi! how can i help? a data plan for everyone. everyone? everyone. let's send to everyone! wifi up there? uhh. sure, why not? how'd he get out?! a camera might figure it out. that was easy! glad i could help. at xfinity, we're here to make life simple. easy. awesome. so come ask, shop, discover at your local xfinity store today. ♪ taylor: i'm taylor riggs in for emily chang and this is the "best of bloomberg: technology." where we bring you all of our top interviews from this week in tech. coming up, tesla's turnaround. at least one analyst says it looks incredible. we hear about a guest who ra

kong what is interesting is that the market did not react to this so called hong kong. freedom and democracy act they almost didn't but i threw a really refused to even use the term ok so where will you keep finishing. the markets did not react but the point is that the states government now will have to make a report every year how autonomous hong kong is so this is bad for business because it's not of their business how much when it was from corn is now it's it became a part of china basically there is a transition period there is free press and can quote there are many anti chaney's newspapers coming out of south china morning post you know hong kong free press there in english there are available bill there were elections recently so it's not of the business of the united states all of the you can to check how democratic well. fortunately world the world works differently when we go to a break here after a short break we'll continue our discussion on some real news stay with her thing. good hopes as. he put themselves on the line they get accepted or rejected. so wh

go viewed in hong kong. while from hong kong perspective the people in macau are always perceived as more obedience to beijing partly because half of his population migrated from china and it has a we can. t. end choosing penis remarks is widely seen as a rebuke and are even a lecture to hong kong current political turmoil that he mentioned are praise the hong kong people over there a strong sense of national identity specially these so called patriotic education that they have implemented over the last 2 decades and on the same day right after she remarks the hong kong government has announced some kind of a new measures that they're going to suspend the duties of the t. shirt if they got arrested or are they called off file complaints so this is perceived as something that the education bureau is going to tighten measures to be the education sector and this is exactly what beijing things hong kong and tribute to the current political crisis so called peephole they think in maybe a handful of beijing the wa

kong and that would end hong kong special status and china of course has a great deal invested in hong kong and if that special status ended then china would lose an awful lot of money we've got another reminder kemal of the importance of hong kong to china just a few weeks ago when ali baba $1.00 of the biggest corporations in china decided to float on the hong kong stock market now the reason for that is of course there's no other stock market in asia that could handle a flotation of that size but nevertheless it was another important reminder of the importance of hong kong to china and also let's forget if china. did intervene militarily it's still possible unlikely i think that that would be a tacit recognition the china's leaders have failed in their bid to win hearts and minds since the handover 22 years ago thank you adrian brown in hong kong the thoughts now of staved sang who is the director of the china institute of the science university of london he expects the protest in hong kong to only continue over the coming months he told has had change in terms of nature and focused

kong is part of china and hong kong affairs the chinese internal affairs where no foreign government or force should interfere we urge the us not to continue going down the wrong path would china which it counter measures and the us must bear all consequences. the hong kong human rights and democracy act opens up sanctions for human rights violations and makes it easier for arrested protests the us visas also requires an annual review of the region's special trade status and hong kong will qualify only if it's got enough autonomy from beijing if special status is revoked it would be subject to the same sanctions imposed by the u.s. on mainland china hong kong's economy is already suffering as a result of a violent protests that are raging for 6 months companies and investors are setting their sights on a more stable places such as singapore tourists are also staying away and he will activist sara flounders thinks the new builds could destabilize the situation further. of this sanctions it really is an effort to totally sabotage. they're not demanding democracy imagine they're demandi

kong what is interesting is that the market did not react to this so called hong kong. freedom and democracy act they almost didn't but i threw in a really refused to even use the term ok let me repeat so or will you keep finishing. the markets did not react but the point is that the states government now will have to make a report every year how autonomous hong kong is so this is bad for business because it's not of their business comment on it was from is now it's it became a part of china basically there is a transition period there is free press in concord there are many anti chaney's newspapers coming out of south china morning post you know hong kong free press there in english there of able there were elections recently so it's not of the business of the united states all of the you can to check how democratic well. fortunately world the world works differently when you go to a break here after a short break we'll continue our discussion on some real news stay with her thing. the world is driven by a dream shaped by our own personal those. of the day there's thin