[5] Local political analysts suggested that the yellow economic circle could have increased votes for the pro-democracy camp in the Catering, Wholesale, and Retail functional constituency in the later postponed 2020 legislative election.

[6] In July 2019, Yoshinoya, a Japanese fast food chain, created a Facebook advertisement mocking local police for removing notes from a Lennon Wall.

Several smartphone apps, such as "和你eat" and "WhatsGap," were developed to help citizens identify and avoid spending money at shops with opposing political views.

[17] After the 5 August 2019 general strike in Hong Kong, several mobile apps and websites were developed to identify the political stance of shops and restaurants.

As for the wo lei siu of Central and Western District, the Food and Environmental Hygiene Department refused to issue a Temporary Places of Public Entertainment License, even though activities of a similar scale have been held in the same venue during past Lunar New Year celebrations without any opposition from the government.

In response to this setback, a group of Central and Western district councillors announced that they would set up street counters separately on the original venue, hosting stall games and performances.

For instance, in October 2019, when the famous yellow drink shop Kingyo in Yuen Long was facing a potential shutdown, its neighbouring yellow restaurant Watergate Chicken Rice announced that it would stop selling drinks, and that customers could instead show their receipt from Watergate Chicken Rice at Kingyo to get ten per cent discount.

Businesses that have openly voiced opposition to the pro-democracy movement are labelled "blue shops" and face large-scale boycotts from supporters of the yellow economic circle.

TVB, one of the four free-to-air television broadcasters in Hong Kong, has been accused of selectively reporting the economic disruption caused by the protests while down-playing police violence and the underlying political frustration.

[47][48] The concept of the yellow economic circle has been adopted by pro-democracy supporters in Hong Kong's diaspora communities, most notably in Canada and the United States.

In late 2019, a Hong Kong Canadian Facebook group published a crowdsourced list of yellow and blue shops in Metro Vancouver.

According to the owner of a dried seafood shop, by setting up a local economic circle, Hong Kong businesses can prove to others that they do not need help from the Chinese Communist Party.

[12] Political scientist Kenneth Chan commented that the yellow economic circle is "a form of protest in daily life which breeds a sense of self-determination and solidarity against the government".

[53] Economists have stated that the yellow circle is unlikely to impact Hong Kong's main industries of finance, tourism, trading and logistics, which currently are strongly linked to mainland China.

[51] Joshua Wong, the secretary general of Demosistō, stated that the yellow economic circle may be a chance for Hong Kong to restructure its economy.

[59][60] From January to March 2020, the Equal Opportunities Commission reported nearly 600 inquiries and complaints about restaurants and other businesses refusing to serve Mandarin speakers and people from mainland China, a trend that analysts believe to be partly due to Hong Kong's political environment as a result of the protests.