Hong Kong protests may hit luxury brands like Burberry and Hermes

Ongoing protests in Hong Kong could hit the bottom lines and stock prices of luxury brands, UBS is warning clients. Thousands of people have taken to the streets in Hong Kong over the last week to protest against a proposed new law that would give mainland China extradition powers the region. Yahoo Finance's Oscar Williams-Grut joins Julie Hyman and Adam Shapiro to talk about the effects of these ongoing protests.

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