‘Upstairs’ moves downstairs: Hong Kong outlets head to street level as landlords cut rents
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Source: South China Morning Post
Published: 2026-03-22 18:30 UTC+10:00
Section: Mong Kok
Factuality Score: 100
Opinion Category: Neutral
Topics: China, Business & Economy
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Snippet:
Retailers and restaurants adjust to lower rents and weaker demand, with operators expanding at ground level and testing pop-up formats
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