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HK businesses tarnished by social unrest

2019-September-3       Source: GDTV Net

Sheng Wan, Wing Lok Street, and Bonham Strand boast HK’s largest dried seafood wholesale and retail center. Over the past two months, the city’s woes have had a severe impact on local businesses there.
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Sheng Wan, Wing Lok Street, and Bonham Strand boast HK’s largest dried seafood wholesale and retail center. Over the past two months, the city’s woes have had a severe impact on local businesses there.

Facing rental fees in excess of 100,000 HK dollars a month, many dried seafood shop owners have only managed to secure several orders each day for the past two months. Many of them say they have not been confronted by a worse situation in over a decade. They survived the financial crisis, but this time, they may not be so lucky.

Given the safety concerns, some shops close one hour earlier than normal due to the fact that nearby metro stations are frequented by radical protesters. Statistics show that the dried seafood business has, in fact, dried up by at least 30%. Many people hope that the crisis will cease and that consumer confidence will return.

Source: GDTV World

 

Editor: Monica Liu

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