Protesters gather at New Town Plaza in Sha Tin on September 22. Sun Hung Kai Properties, the mall’s owner, has said it will help tenants affected by the protests. Photo: Nora Tam

Hong Kong’s mall owners push back at tenants’ pleas to cut rents even as retail sales shrink amid unrelenting protests

  • Hysan Development and Swire Properties are the only two retailers to offer rent cuts for their struggling tenants
  • Retailers and market observers say the proposals mall owners have come up with fall far short of what is needed to keep them in business
Topic |   Hong Kong protests

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Protesters gather at New Town Plaza in Sha Tin on September 22. Sun Hung Kai Properties, the mall’s owner, has said it will help tenants affected by the protests. Photo: Nora Tam
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