Shopping mall owners have become victims of the mass rallies in Hong Kong, with their share prices taking a battering as investors lose faith in the city’s retail market.Among 18 major listed developers and commercial landlords, Swire Properties and Wharf Reic’s share prices have declined the most since the huge rally on June 9 that kickstarted what has now been weeks of demonstrations punctuated by violent clashes with police.Swire dropped 8.1 per cent to close at HK$30.75 on Wednesday, while…
Source : South China Morning Post
Read more…Shopping mall owners take a drubbing in the stock market as Hong Kong protests damage confidence in retail sector















