Hong Kong leader Carrie Lam says protests have hit business like a "tsunami"

Embattled Hong Kong leader Carrie Lam said on Friday the business community was very worried about the long-term consequences of protests in the Asian financial hub. Lam was flanked by business leaders as she told the media that downward economic pressure had hit like a "tsunami".

The city has been embroiled in a political crisis throughout the summer, with anti-government street protests turning increasingly violent. Retail sales and tourism numbers took a knock in June.