As normalcy slowly returns to Mong Kok, small retailers in the tourist district are hoping their business will recover after two months of disruptions, Ming Pao Daily reported Thursday.
Sales of many small shops along Nathan Road dropped at least 30 percent during the pro-democracy campaign as protesters blocked traffic and diverted shoppers to other districts, said Stanley Lau, chairman of the Federation of Hong Kong Industries.
The general manager of a watch shop in the area said he lost about HK$700,000 in October as revenue fell 60 percent. He expects business to remain bleak, noting that mainland tourists are not likely to return in the short term.
A sales clerk in a sports shoe shop said revenue fell 30 percent during the protests, resulting in a loss of about HK$100,000. However, he said he is confident that business will improve gradually after police cleared the barricades and tents put up by the activists and opened the streets to vehicular traffic.
Turnover of restaurants in Mong Kok dropped more than 50 percent during the past two months, according to Stephen Kwok Chun Pong, chairman of Hong Kong Small and medium Enterprises Association.
It’s hard to see when business in the district will recover, Kwok said as he worried that the protesters might still return.
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