In 2024, Hong Kong’s local restaurant industry witnessed a wave of closures of time-honored stores. The closure of old shops became a much-talked-about topic throughout the year. These businesses not only carried decades of history and a sense of belonging, but were also part of the fond memories of countless residents.
However, factors such as the owners becoming older, high rent, the economic downturn, Hongkongers going north of the border for consumption, and community reconstruction continue to bring more pressure that made it difficult to maintain a viable business, resulting in these shops that have witnessed the changes of time with no other choice but to “exit with grace.”
