Story ends as another Hong Kong indie bookshop closes amid ‘losses, red lines’

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…