In Hong Kong, a Shift From Central to Kowloon
BY TE-PING CHEN Hong Kong's hub is shifting.
For years, the epicenter of the city has been Central, where gleaming skyscrapers and luxury-goods stores mix with squealing double-decker trolleys and steep alleys packed with cobblers and dim sum shops.
But increasingly, companies in this tightly packed district and surrounding area have started to spread out. The city is looking across Victoria Harbor to Kowloon, the peninsula at the tip of mainland China, at two emerging business districts that already have attracted some big names in finance.
The problem for Central is that the total amount of office space has remained constant at about ...