The usually crowded Hysan Place in Causeway Bay wears a deserted look as people stay away because of the coronavirus outbreak. Photo: Dickson Lee The usually crowded Hysan Place in Causeway Bay wears a deserted look as people stay away because of the coronavirus outbreak. Photo: Dickson Lee
The usually crowded Hysan Place in Causeway Bay wears a deserted look as people stay away because of the coronavirus outbreak. Photo: Dickson Lee

Many of Hong Kong’s retailers may fold even before they get a chance to discuss rent relief with landlords

  • A wave of shop closures is a real possibility if landlords do not offer help and show mercy, says Shiu Ka-fai, a legislator representing retailers and wholesalers
  • Normal fall in sales now is now between 30 and 60 per cent, says Annie Tse, chairwoman of Hong Kong Retail Management Association

Topic |   Hong Kong property
The usually crowded Hysan Place in Causeway Bay wears a deserted look as people stay away because of the coronavirus outbreak. Photo: Dickson Lee The usually crowded Hysan Place in Causeway Bay wears a deserted look as people stay away because of the coronavirus outbreak. Photo: Dickson Lee
The usually crowded Hysan Place in Causeway Bay wears a deserted look as people stay away because of the coronavirus outbreak. Photo: Dickson Lee
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