Hong Kong Small Business Vanishes With Soaring Rent

Hong Kong Small Business Vanishes With Soaring Rent Play

April 2 (Bloomberg) -- Rents are climbing in neighborhoods near Hong Kong's Causeway Bay and other prime shopping districts, known for luxury stores that attract free-spending tourists from mainland China. That’s squeezing out mom-and-pop shops, congee and noodle vendors and other small businesses as developers and landlords seek to profit from the trend. Bloomberg's Brent O'Brien reports. (Source: Bloomberg)

  • On Air Now

    Poker Night on Wall Street Watch Now

  • Next

    PAID PROGRAMMING

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus