Hongkong's Economy Is Affected By Riots, And Shops Are Closing Down.

According to relevant reports, today's social violence in Hongkong is widespread in large and small streets, and shops can not be opened at times of riots. During this period of time, good stores also appeared signs of shop transfer, not to mention small shops.

Watches and jewellery brand fashion, as well as catering industry, especially restaurants and so on, these industries are very obvious. According to the relevant personage, during this period, the business volume has been reduced by 5 to 6 percent, and the rent is reduced by 30%, so that it is possible to pass the cold winter.

If this situation continues to deteriorate, it is difficult to ensure that shops in Hongkong will not continue to decrease. After all, the vacancy rate of today's stores is about 12% to 15%, and there will also be high vacancy rates in the core areas of Hongkong.

The emergence of the Hongkong uprising has also affected a certain range, which is directly proportional to the luxury brand events of the previous period, which wrongly "Taiwan" and "Hongkong" are printed as countries. This is also the majority of netizens' condemnation. Luxury brand is also a quick apology, but it is also inevitable that the spokesperson will end this cooperation trip.

The collapse of the tide has begun to show, and the flow of people has declined.

In Hongkong, which is deeply affected by the riots, it must be a very prosperous area, just like the area from Yau Ma Tei to Tsim Sha Tsui, where people are surging. And most of the shops have rented.

Social events reduced the number of people around, and had more or less influence on business. And a sign appeared at the seafood shop. The boss explained that social events were a blow to business and ended business.

The hotel business is also worrying.

Cui Hua restaurant has been closed at Sheffield road and King Lung Street in Tongluowan. Tsui Wah said earlier that the Sheffield branch was redeployed by the company and was scheduled to move out of the building as a result of the completion of the lease.

At the same time, the seafood restaurant was also closed this month. According to relevant information, business owners have increased their rents and combined with many parades. Tongluowan and Wan Chai have gone through a lot of business.

More staff said, "not bankrupt is a laugh." In the face of cosmetic demonstrations and riots, the prosperity of Hongkong is decreasing. If the riots continue, it is not hard to think that more stores will go bankrupt. It is not just the relationship between stores, and the reduction of people's traffic. Before the uprising, Hongkong is where tourists often come.