Mainland Visitors Return to Hong Kong as High Street Rents Bottom Out

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Border Opening Boosts Office Leasing Activities, Although Net Absorption Yet to See Immediate Rebound

Retail sales rose 17.3% y-o-y in the first two months of 2023, as the mainland China-Hong Kong border opening supported the gradual recovery of the retail market, while visitor arrivals rebounded notably
High street rental declines...

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