This Is an Opportunity for a New Direction for Hong Kong, Says Green Common’s CEO

The video discusses the impact of recent events on businesses in Hong Kong, highlighting the challenges faced by various sectors, especially those reliant on tourism. It examines the effects on the food and necessities sector, which, while affected, is less impacted than luxury goods. The video also covers government relief measures and the importance of collaboration between landlords and tenants to ensure business survival. The need for a new direction to address deep-rooted issues and inspire hope for future growth is emphasized.

What has been the impact on businesses in Hong Kong that rely heavily on tourism?

• They have shifted focus to online sales.

• They have seen an increase in sales.

• They have remained unaffected.

• They have been extremely affected.

What type of businesses are slightly less affected according to the speaker?

• Luxury goods retailers

• Tourism-dependent businesses

• Food and basic necessities providers

• Technology companies

What measures has the government introduced to support small and medium businesses?

• Increased import tariffs

• Mandatory closures

• Fee and charge waivers

• Tax increases

What is the speaker's view on the relationship between landlords and tenants?

• They are interdependent and need to collaborate.

• Landlords should increase rents.

• They are independent of each other.

• Tenants should always agree to landlord terms.

What is a major concern for tenants during the economic downturn?

• Expanding their business

• Surviving short-term cash flow issues

• Long-term business prospects

• Finding new locations