Customers shop at the New Town Plaza in Sha Tin. The holiday week could spell even worse news for the city’s retailers, says chairwoman of the Hong Kong Retail Management Association. Photo: Yik Yeung-man
Customers shop at the New Town Plaza in Sha Tin. The holiday week could spell even worse news for the city’s retailers, says chairwoman of the Hong Kong Retail Management Association. Photo: Yik Yeung-man

Hong Kong’s retail market faces ‘slow recovery’ as surging Covid-19 cases rain on the parade of city’s open border

  • A recent uptick in enquiries from potential shop tenants betting on a flood of mainland visitors returning will be short-lived, says secretary general of commerce group
  • Retail landlords also face a surge in supply as an estimated 3.9 million square feet of shopping mall space is set to open this year, according to Colliers

Customers shop at the New Town Plaza in Sha Tin. The holiday week could spell even worse news for the city’s retailers, says chairwoman of the Hong Kong Retail Management Association. Photo: Yik Yeung-man
Customers shop at the New Town Plaza in Sha Tin. The holiday week could spell even worse news for the city’s retailers, says chairwoman of the Hong Kong Retail Management Association. Photo: Yik Yeung-man
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