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Hong Kong economy
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Hong Kong’s Kam Kee Holdings vows to carry on despite closing 11 restaurants this year

  • Kam Kee Holdings chairman Ray Chui brushes off speculation business will close, after company closed 11 outlets this year

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Kam Kee Holdings is battling a loss in appetite among residents for the local dining scene. Photo: May Tse
Cannix Yau
Hong Kong restaurant chain Kam Kee Holdings has closed 11 outlets this year amid a rise in residents heading across the border to spend their cash, but the company’s chairman has vowed to carry on despite the difficult business climate facing his industry.

Company chairman Ray Chui Man-wai, who is also president of the Institution of Dining Art catering body, brushed off speculation that the business, which has 24 restaurants and about 900 employees, would shut down or that he was in dire financial straits.

“I never thought that the post-Covid situation would be worse than the pandemic, which was already very hard enough for us. Now we are all baffled over when we can see the light at the end of the tunnel,” he said.

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“There have been times I thought of giving up amid sleepless nights because it was so difficult for me … But the greatest driving force for me to persist is my promise to the founder of Kam Kee Cafe when I took over this brand in 2013 that I would never give up.”

Chui said another motivation for him to hold on was his responsibility to the company’s employees.

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“If I pulled down the shutters, they would be in a helpless state. My responsibility to them will not allow me to do that,” he added.

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