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Aron Harilela, chairman of Hong Kong General Chamber of Commerce, said businesses in the city are ideally placed to capitalize on these developments, particularly within the Guangdong-Hong Kong-Macao Greater Bay Area. The chamber's regular business missions to the Greater Bay Area have shown that the initiative is already having an impact. Cities within the cluster, some of them hubs for technology and advanced manufacturing, are eager to work closely with their neighbors for mutual progress, Harilela said.

As Chinese firms push cutting-edge technology, such as cloud computing and self-driving cars, and look to raise product quality, there will be even more opportunities for material suppliers to sell to the world's biggest market, said the head of 3M China, a conglomerate manufacturer.

As Coca-Cola's third-largest market, China offers exciting opportunities and the firm has full confidence in the Chinese market, said James Quincey, president and chief executive officer of Coca-Cola.

Around 3.30 pm, a large group of protesters proceeded eastward and westward, blocking carriageways in Sai Ying Pun and Causeway Bay respectively. Protesters in Causeway Bay also destroyed government property and created road blocks. Traffic in a number of areas on Hong Kong Island was disrupted as a result, according to the press release.

Apple is making its Apple Music service available on Amazon Echo devices in a surprising new partnership between two rivals in the voice arena.