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Sun Hung Kai chairman pins retail, hospitality recovery hopes on ‘normal flow of people’ between Hong Kong, mainland



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Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by value, said a more normal flow of people between the city and mainland China could boost the city’s retail and hospitality industries.The progress of vaccinations among the public and the lifting of cross-border travel restrictions were prerequisites for a full recovery of the retail sector, Raymond Kwok Ping-luen, SHKP’s chairman and managing director, said in an exchange filing on Thursday.“In the short term, cross-border travel…

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