$5 billion flee Hong Kong funds amid unrest - Bank of England
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HONG KONG (Reuters) - The unrest in Hong Kong has led to as much as $5 billion (3.9 billion pounds) of capital outflow from investment funds in the Asian financial hub since April, the Bank of England said. The flight of capital, which accounted for nearly 1.25% of the region's GDP, began after the city's government pushed for a bill that would allow extradition to Mainland China, according to the central bank's Financial Stability Report released on Monday.As protests against the bill..