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What’s Plaguing Shanghai’s Old School Malls? It’s Not Just COVID-19.

As Hang Lung Properties' sluggish Shanghai performance shows, challenges are plaguing luxury malls. What’s next for China's shopping meccas?

What’s Plaguing Shanghai’s Old School Malls? It’s Not Just COVID-19.
As Hang Lung Properties' sluggish Shanghai performance shows, challenges are plaguing luxury malls. What’s next for China's shopping meccas? Photo: Hang Lung

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