Restaurants belonging to Fulum Group, such as the one above, will have to operate at half of its capacity for the next 14 days as the government takes stringent measures to curb the spread of the coronavirus outbreak. Photo: Handout

Hong Kong restaurant chains Fulum, Tao Heung, Tsui Wah close outlets, cut timings in bid to contain coronavirus

  • As listed restaurant chains follow government measures to control the Covid-19 outbreak, it will only put further pressure on their bottom lines and dampen retail spending
  • The combined pressure from last year’s social unrest and China’s slowing economy affected the earnings of some of the listed restaurant chains last year
Topic |   Hong Kong economy
Restaurants belonging to Fulum Group, such as the one above, will have to operate at half of its capacity for the next 14 days as the government takes stringent measures to curb the spread of the coronavirus outbreak. Photo: Handout
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