HONG KONG (Reuters) - A drop in Chinese tourist numbers is driving down shop rentals in Hong Kong, with vacancies increasing in the same prime areas that just three years ago pipped New York's Fifth Avenue to become the world's most expensive retail real estate.
Similar Stories to Hong Kong Retail Rents Drop As Chinese Shoppers Stop on Bing News
Reuters: Business News, Reuters: Business
Mon, 03/30/2015 - 12:53am
BING NEWS:
- Hong Kong
Hong Kong residents are allowed to establish RMB-denominated savings accounts, RMB-denominated corporate and Chinese government bonds have been issued in Hong Kong, RMB trade settlement is allowed ...
06/3/2024 - 1:00 pm | View Link - Hong Kong retail sales drop 14.7% in April
The sharp decline was mainly attributed to the timing of the Easter holidays. The total retail sales in Hong Kong in April were provisionally estimated at $29.6b, a 14.7% decrease compared to the same ...
06/2/2024 - 3:15 pm | View Link - Upcoming concerts and music festivals in Hong Kong and Macau 2024
Hong Kong and Macau’s music scene has been thriving with activity. From homegrown talents performing at intimate venues to international stars taking on the big stage, there’s much to look ...
06/2/2024 - 1:00 pm | View Link - US plans to impose new visa restrictions on Chinese and Hong Kong officials after security verdicts
Critics said that it illustrated that Beijing’s promise to retain Hong Kong’s Western-style civil liberties for 50 years when the former British colony returned to Chinese rule in 1997 was ...
05/31/2024 - 4:35 am | View Link - Hong Kong April retail sales tumble 14.7% amid changing consumption pattern
Hong Kong's April retail sales fell 14.7% from a year earlier, partly due to a drop in visitor spending and a surge in outbound trips during the Easter holidays, government data showed on Friday.Sales ...
05/30/2024 - 10:29 pm | View Link - More
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