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Hong Kong Retailers Shift to Street-Level Shops Amid Decline

3/22/2026

39 5 Full Breakdown

Summary

Story summary

Hong Kong retailers shift to street-level shops and short-term leases due to falling rents and weaker demand.
Hing Kee Java Edible Bird’s Nest (JEBN) opens a ground-floor outlet in Tsim Sha Tsui, moving from higher floors.
Chong, marketing director of Hing Kee JEBN, says fewer tourists and cautious locals drive these changes.
The 3,000 sq ft store will rent about HK$200,000 monthly (US$25,500), down since 2013.

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Story summary

Hong Kong retailers shift to street-level shops and short-term leases due to falling rents and weaker demand.
Hing Kee Java Edible Bird’s Nest (JEBN) opens a ground-floor outlet in Tsim Sha Tsui, moving from higher floors.
Chong, marketing director of Hing Kee JEBN, says fewer tourists and cautious locals drive these changes.
The 3,000 sq ft store will rent about HK$200,000 monthly (US$25,500), down since 2013.