Vendors at the flea market on the Kai Tak airport site won a 13 per cent rent cut after going on strike yesterday.
The stallholders - many of whom are unemployed but try to eke out a living selling food and gift items - said they were losing money because the management firm, WorldEvents Limited, did not adequately promote the market.
About 150 of the 200 vendors went on strike. They also claimed the $10 entrance fee was deterring potential visitors.
After meeting the vendors, WorldEvents agreed to give five days' free rent - amounting to a 13 per cent cut - as well as add one more shuttle for shoppers and increase advertising.
A meeting between vendors last night revealed divisions, with about half deciding to resume business today, but the others still angry about the level of compensation. It appeared some of the stallholders would continue the strike.
WorldEvents officials said they had invested $10 million in renting the land and turning it from barren concrete into a market with portable toilets and electricity.