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Hong Kong's 'shop kings' face bankruptcies as commercial property prices fall over 40% from 2018 peak, with no clear turnaround in sight
Many Hong Kong landlords, once known as 'shop kings' for owning numerous properties, have gone bankrupt due to collapsing post-pandemic rents and tighter bank lending. Centaline Commercial reports that shop prices in the city have fallen more than 40% from their 2018 peak, and there are no clear signs of a market turnaround yet.
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Source：SCMP商业 · Source Link
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