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Hong Kong public may get to see panda cubs in February, Ocean Park boss says

Celebrate Christmas and New Year in Hong Kong: 7 things to do and see in the city

154 arrested in Hong Kong as police crack down on internet, phone scammers

Hong Kong will not restore land-sale scheme axed in 2013, official says

Hong Kong economy

What is ailing Hong Kong’s SME sector?

News

Hong Kong

Many Hong Kong small businesses are on the brink of collapse. Can they be saved?

Illustration: Lau Ka-kuen

Owners of Nebraska Steakhouse Michael Yeung and son Arthur Yeung. Photo: Xiaomei Chen

Vacant shops seen at Park Lane Shopper’s Boulevard in Tsim Sha Tsui. Photo: Sam Tsang

SMEs are struggling with cash flow, loss of business and an exodus of investors.


Why are selfie shops and claw machine arcades popping up all over Hong Kong?

Claw machine arcades are popping up across Hong Kong. Photo: Sun Yeung

Young people at a selfie shop in Mong Kok. Photo: Sun Yeung

The new lipstick effect? ‘Experiential stores’ are taking over as traditional shops shut in Hong Kong as people spend less amid struggling economy.


Some Hong Kong SMEs are not rolling over and playing dead. Can they win in the end?

Illustration: Lau Ka-kuen 

Wing Nin Group president Dennis Lau. Photo: Jonathan Wong

Farmacy co-founder Raymond Mak has acknowledged he is “lucky” to have achieved an average yearly business growth of 30 per cent amid the downturn. Photo: Xiaomei Chen

Farmacy is the city’s first decentralised urban farming technology company. Photo: Sun Yeung

A restaurant chain opens more outlets, a hi-tech farm finds clients abroad – it’s not all bad news for SMEs.


Hong Kong’s small and medium-sized enterprises weathered global financial crises and the devastating 2003 Sars outbreak, but are now struggling like never before. In a three-part series, the Post looks at the battered F&B sector and others yearning for better days, and more.


Series