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

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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