Hong Kong Businesses Vanish as Rents Soar: Real Estate

Kelvin Wong

Over the past decade, car-repair shop owner Benny Chan has seen more than 70 percent of his small-business peers disappear as his Hong Kong neighborhood fills up with high-end Western bars and Japanese restaurants.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.

Read this article on the Terminal Request a demo to learn more

You might like:
  1. Ivanka Trump Faces Courtroom Showdown Over $785 Sandals
  2. Mercedes Plots Tesla Attack With $1 Billion U.S. Electric Push
  3. Trump Boosts North Korea Sanctions, Adding Economic Pressure
  4. Uber’s London Private Hire License Revoked by Transport Body
  5. Home Prices Soar in Disaster-Prone Areas