Property News · April 22, 2024

More pain ahead for Hong Kong retailers as residents flock to Shenzhen for cheaper goods, slowing recovery


Hong Kong’s economic recovery is slowly filling up retail spaces, pushing vacancy rates to a three-year low. The rebound, however, is bypassing the northwestern part of the city in Yuen Long and Sheung Shui.

Source : South China Morning Post
Read more…More pain ahead for Hong Kong retailers as residents flock to Shenzhen for cheaper goods, slowing recovery