Banks Flee Hong Kong’s Pricey Office Space

The video discusses the reduction of office space by banks in Hong Kong due to economic challenges, high rents, and political conflicts. It highlights the continuous fall in office rents since 2019, exacerbated by protests and the pandemic. Despite this, Hong Kong remains the most expensive office market. The video also explores the potential for mainland Chinese companies to fill the vacated spaces as Western influence wanes.

Who are the likely candidates to replace banks in Hong Kong's office market?

What impact has the pandemic had on office space usage in Hong Kong?