Market Views: Could Hong Kong be a black swan event?
If the Hong Kong crisis escalates and Beijing intervenes, what would the repercussions be?
![Market Views: Could Hong Kong be a black swan event?](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2FHong%20Kong%20protests%20extradition%20China%202019.jpg&c=1&h=677&q=100&v=20244627&w=1204)
In some parts of the world, black swans are actually quite common – for example, in southern Australia. But in the investment world they are a metaphor for a rare and potentially cataclysmic global financial event – such as the US housing crisis that triggered the global financial crisis of 2008.
Could the troubles that have flared up in recent months in Hong Kong – historically one of the world's most stable places – turn out to be such a Black Swan event?
It's very dif…
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