BUSINESSSCMP CHINA
Retail rift: Hong Kong shops plead for rent relief, landlords see improving market
Hong Kong retail sales rose over 10% year-on-year in the first five months of 2026, but shop closures persist as tenants struggle with stagnant businesses and price-cutting pressures, while landlords report an improving market. Tenants seek rent relief due to financial losses, contrasting with landlords' optimistic assessments.
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