News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
Kenneth Fok Calls for Attention on Wave of HK Cinema Closures and Easing of License Restrictions
The Golden Harvest cinema at MegaBox in Kowloon Bay will cease operations next Monday (the 9th) as its lease expires.Kenneth Fok, Legislative Council member (Sports, Performing Art...
Reset
Send
The window will close in 5 seconds
Kenneth Fok Calls for Attention on Wave of HK Cinema Closures and Easing of License Restrictions
Close
Recommend
2
Positive
2
Negative
2
 
 

The Golden Harvest cinema at MegaBox in Kowloon Bay will cease operations next Monday (the 9th) as its lease expires.

Kenneth Fok, Legislative Council member (Sports, Performing Arts, Culture and Publishing Functional Constituency), said on a radio program that Hong Kong saw nine cinemas shut down last year, and five more have announced closures YTD, bringing the total to 14 and reducing the total number of cinemas in this city to just 51, a situation he described as severe.

Fok suggested that the Hong Kong government should consider relaxing licensing restrictions to make it easier for cinemas to diversify their businesses, such as hosting live performances and broadcasting sports events, so that they will have more room to survive.

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.