A closed gate is seen at The Peak Galleria shopping mall as retail business is quiet under tightened social-distancing rules.
Photo: SCMP / Nora Tam
Hong Kong’s retail sector entered a ‘mini-ice age’ in February: Savills
  • Some 20 per cent of high street shops in Tsim Sha Tsui were vacant in March, up from 15.9 per cent in December
  • ‘Even the hardy perennials of the local retail scene, [food and beverages] and necessity trades, have begun to wilt’, said Savills
7 Apr 2022 - 8:41AM