Hong Kong's expat party hub reshaped by influx of Chinese

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Hong Kong’s expat party hub Lan Kwai Fong is undergoing a transformation. Legacy bars and restaurants are closing and being replaced by ones that cater to mainland Chinese visitors and residents. That influx has also been reshaping Hong Kong’s property market, with expats’ favorite neighborhoods going out of style, and mainland Chinese hubs seeing rents rise. Bloomberg’s Shirley Zhao reports.

(Source: Bloomberg)

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