Updated January 1st, 2020 at 21:01 IST

Hong Kong: Protesters set ablaze iconic lion statue outside HSBC HQ

Protesters in Hong Kong have allegedly vandalised an HSBC bank branch and set ablaze an iconic bronze lion statue outside its headquarters on Queen’s Road

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As pro-democracy demonstrations in Hong Kong entered its seventh month, protesters have allegedly vandalised an HSBC (Hong Kong and Shanghai Banking Corporation) branch and set ablaze a bronze lion statue outside its headquarters on Queen’s Road. The iconic statue has survived the devasting World Wars and was a mark of the city's prowess as an Asian financial hub.

READ | Massive Hong Kong Pro-democracy Rally Ends In Police Clashes

HSBC at receiving end of protesters' rage

HSBC has been a target of protesters since it closed an account set up by an NGO after finding that it “was not being used for its stated purpose” of providing aid to protesters. A spokesperson strongly condemned the violent acts and continuous rampage on the bank's ATMs and other facilities overnight, local media reported. Many in the city feel the multinational financial giant has toed the lined of Communist Party leaders in Beijing during their agitation.

READ | Big Crowd Gathers In Hong Kong For 1st Protest Rally Of 2020

Fresh wave of protests

A huge New Year's Day pro-democracy rally in Hong Kong ended with clashes between police and hardcore protesters, as demonstrators sought to carry their movement's momentum into 2020. Organisers claimed more than a million people gathered for Wednesday's rally, which had approval from the authorities, and marched across the international financial hub's main island in an attempt to put pressure on the government to meet their demands. But after a peaceful start, violence erupted near the march within hours, with police and masked protesters facing off in several neighbourhoods on the city's main island.

(With inputs from PTI)

READ | Police, Protesters Clash During Huge Hong Kong Pro-democracy Rally

READ | Hong Kong: Thousands Of Pro-democracy Protesters March On New Year’s Day

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Published January 1st, 2020 at 21:01 IST