Hi everyone, I got a concussion at the end of last week and am still a bit woozy, so apologies that there is not much commentary today, and what there is may not be especially coherent...I should be back to normal by the middle of the week.

There is not much happy to say today anyway, especially given the events in Hong Kong over the last few days, and the Fourth Plenum explainer by Zhang Xiaoming, director of the Hong Kong and Macau Affairs Office under the State Council, that makes it sound like Beijing is going to squeeze Hong Kong much harder in the near future.

Thanks for reading.