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Saturday, 13th April 2024

Irish Born Chinese

Firms considering moving out of HK because of rising rents

Created Thursday, 16th December 2010, 09:11 by whykay
(NOTE: This is a migrated article from the old IBC blog)

Sad to see this, space is scarce in HK, so landlords have a full run of jacking up the rents, but firms are considering leaving HK. I wonder if the big developer’s who own these buildings are suffering (their stock, I mean). This will dent HK as a financial hub. Read more…