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Hong Kong protests

Hong Kong unrest leaves gaping hole in business plans

Drugstore chain closes locations, while Cathay Pacific delays jet order

A man gazes at a Best Mart store that was vandalized during Hong Kong protests in October.   © Reuters

GUANGZHOU/HONG KONG -- A wide swath of businesses in Hong Kong are suffering blows to earnings from pro-democracy protests, forcing some to change strategies in the face of no clear end to the unrest.

Drugstore operator Sa Sa International Holdings made a surprise announcement to analysts on Nov. 21 that it would close 30 locations across Hong Kong, about a quarter of its presence in the city.

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