The league of Hong Kong’s real estate developers has again condemned anti-government protesters, accusing them of worsening the city’s economic slump and eroding its core values.

The second statement by the Real Estate Developers Association (Reda)… came a day after Beijing called the escalating violence “signs of terrorism”.

“The Real Estate Developers Association of Hong Kong strongly condemns the escalating violent behaviour and vandalisation. These are eroding the city’s core values and worsening its economic downturn while threatening the safety of the general public,” read the statement that was signed by 41 developers, including all the major players and Chinese Estates Holdings, which did not join the first call for peace made by 16 firms…

… Reda made its first statement after Zhang Xiaoming, director of the State Council’s Hong Kong and Macau Affairs Office, denounced the protests as bearing the “obvious characteristics of a colour revolution”… and urged about 500 political and business leaders, who met him in Shenzhen in mainland China, to fearlessly safeguard the city’s rule of law.

Sun Hung Kai Properties, the city’s largest developer, also published a statement urging the protesters to stop violence and join in a dialogue... “The protesters’ violent behaviour and challenge to the rule of law have damaged Hong Kong’s economy and seriously affected people’s lives…,” the developer wrote in a statement...

It was the second call from a developer for peace after former chairman of Wheelock and Wharf (Holdings) Peter Woo Kwong-ching issued a personal statement… urging the protesters to stop the violence.

In a statement… Henderson Land Development also expressed support for Chief Executive Carrie Lam Cheng Yuet-ngor and police, and urged protesters not to “bring Hong Kong to a point of no return”…