CHINA TOPIX

Hong Kong Retail Rents Dip From Less Mainland Visitors

Dino Lirios   |

Mar 30, 2015 02:57 AM EDT

A lag in Chinese tourists coming into Hong Kong brings down shop rentals in the island, as vacancies grow in prime areas. Tour groups visiting Hong Kong dropped 80 percent in March as cross-border tensions and pro-democracy protests drive away tourists, worrying retailers who relied on the mainland's once robust demand.