Apple to Open First Store in Hong Kong By Year-End, SCMP Reports

Apple Inc. plans to open two stores in Hong Kong at a total cost of at least $40 million, the South China Morning Post reported, citing people familiar with the plan.

The company will open its first outlet in the city, a 15,000 square foot store at the IFC Mall in Central, by the end of the year, the report said. It is also building a 20,000 square foot shop in Hysan Place, Causeway Bay, which is expected to start operating by the third quarter of next year, according to the Morning Post.

To contact the editor responsible for this story: Stanley James at sjames8@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.