Hong Kong's already slowing economy is facing more pressure. As local residents' indignation and dissent continue, this summer has seen their demonstrations taking place in multiple districts.

Many are worried about safety issues in the city. The Hong Kong Federation of Trade Unions says the number of tour groups from the Chinese mainland declined by over a quarter in June, from a monthly average of 7,800 in the beginning of the year. And those from southeast Asia, who account for 17 percent of the total tourists, are estimated to have dropped by around 70 percent.

The popular tourism destination now finds itself vacated by customers. Hotel occupancy rates fell as much as 20 percent in June from a year earlier, and are expected to drop 40 percent in July year on year. Some shops decided to close temporarily, with some even emptying their shelves of stock.

"The Hong Kong Retail Management Association said that 'most members' reported a single-to-double-digit drop in average sales revenue between June and the first week of July," said Andrew Chan, Vice Honorary Secretary of Hong Kong Chinese Importers' and Exporters' Association.

Meanwhile, the port city faces a sharp fall in trade, suffering its biggest annual fall in nearly three-and-a-half years. The total exports in June saw a decrease of nine percent from last year. The imports also fell 7.5 percent last month, the seventh straight month of decline. As business figures fall, some say the chaos will only make it worse.