Brexit impacts on HK

UK votes to leave EU, impacts on HK listed companies (courtesy from HK research team)

Negative:
HSBC (5) – approximately 25-30% revenue from UK/Europe
Standard Chartered (2888) – approximately 6% revenue from UK/Europe
Textile companies – 15-20% exports are to EU and sales dominated in Euro

Positive:
Yashili (1230) – 50% of raw milk cost of sales in Euro
Brilliance China (1114) – Certain components are imported from EU