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Hong Kong economy
OpinionHong Kong Opinion
Alice Wu

Opinion | Tackle unrealistic rents or watch Hong Kong turn into a ghost town

Rent levels are triggering a wave of shop and restaurant closures, causing job losses and making the city less attractive

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An empty congee shop in Johnston Road, Wan Chai, on May 8. Ocean Empire Food Shop, a well-known Hong Kong congee restaurant chain since 1992, has announced its complete closure. Photo: Jelly Tse
Is Hong Kong still a foodies’ heaven? Or has that gone down the drain along with our reputation as a shopping paradise?

It’s hard to let go of those titles, so much a part of Hong Kong’s identity. We were, for a long time, a place associated with great food. We were a shopping mecca. The city that never sleeps.

Over a nightcap with a childhood friend back in Hong Kong to visit family, I had what has become quite a familiar conversation about our beloved city.

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“Wow. We are the only ones here.”

“Yeah. Nowadays, people head home by 10pm, latest.”

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“Hong Kong is so quiet. I saw all the empty shops in Causeway Bay too.”

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