Will Hong Kong’s empty shops be refilled?

Subscribe to our YouTube channel for free here:
https://sc.mp/subscribe-youtube

While hopes were high that Hong Kong’s retail sector would roar back after pandemic-era restrictions were lifted in March 2023, the reality has been disappointing. Vacancy rates, while improving, remain stubbornly high compared to pre-pandemic levels. Hundreds of barren storefronts can still be found in shopping districts such as Mong Kok. Yet there are signs of recovery and according to one retail expert, the medium-term projections are positive. The Post looks at why shop vacancy rates remain high and what the future may hold.

Support us:
https://subscribe.scmp.com

Follow us on:
Website: https://www.scmp.com
Facebook:   / scmp  
Twitter:   / scmpnews  
Instagram:   / scmpnews  
Linkedin:   / south-china-morning-post  

#scmp #SCMPOriginals #HongKongeconomy