An independent Hong Kong bookshop founded by journalists has announced that it will close on August 30, citing financial losses and “hard-to-grasp red lines”. In a statement posted on social media on Tuesday, the bookstore Have a Nice Stay said its decision was driven by the broader social environment, financial strain, staff development considerations, and the mental and physical well-being of its team and their families. The statement pointed to what it described as “hard-to-grasp red lines”,.
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