Hong Kong third wave: embattled restaurant sector faces HK$3 billion in July losses amid fresh Covid-19 restrictions

Hong Kong restaurants could lose as much as HK$3 billion (US$387 million) in revenue for July alone as unprecedented social-distancing arrangements made necessary by a third wave of Covid-19 cases deal a fresh blow to an already struggling sector, insiders have said.Restaurant operators who spoke to the Post said takeaway and delivery services, along with steep discounts offered since a weeklong ban on nighttime dine-in services began last Wednesday, have failed to inject life into the sector,…

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