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Swiss Heir Acquires Rare Retail Space in Central | Hong Kong News

A significant retail transaction has occurred in Hong Kong, with a shop on Arbuthnot Road purchased by the heir of the Swiss underwear brand Triumph. This move marks a rare instance of overseas investment in the local retail sector, with the property, previously owned by Hip Shing Hong for fifty-five years, selling for 21.4 million HKD. The 1,474 square-foot space is currently leased to Salon No. 10, a private members’ club, raising questions about future developments by the new owner and www.TheDailyNewsNow.com This is an automated, high-level news summary based on public reporting and…

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