Amid Hong Kong’s commercial property downturn, British conglomerate Jardine Matheson has sold a street shop in Causeway Bay for HK$80 million (US$10.2 million) after holding it for more than 50 years, accepting a price HK$10 million below its earlier valuation.
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Business
October 14, 2026 at 11:00 PM
How Jardine Matheson’s street-shop sale reflects Hong Kong retail property’s struggles
SCMP Business
Excerpt from SCMP Business.