New Mong Kok bookshop opens amid harsh winter for indie bookstores in Hong Kong

Hong Kong's indie bookstores have faced a challenging winter, with many forced to close due to economic pressures and political uncertainty. Amid this trend, 41-year-old bibliophile Grace Lau invested a six-figure sum to open New Year Bookshop in the heart of Mong Kok. The roughly 600 square foot store, located on Sai Yeung Choi Street South, offers over 2,000 new and second-hand titles, including works by Chinese poet Bei Dao and Hong Kong literary icon Liu Yichang, both of which are personal favorites of Lau.

Lau's decision to open the shop was driven by passion and the opportunity presented by lower rents, despite the economic headwinds faced by the industry. She views opening the store as fulfilling a long-held dream, as she finds immense happiness in seeing the books she curates daily. Some of the inventory came from her personal collection, stored in a rented mini-storage unit and at her home.

The Hong Kong independent bookstore scene has been struggling this year, with political pressure and business challenges contributing to its decline. Notable closures include Hunter Bookstore, Elmbook, Greenfield Bookstore, and Have a Nice Stay. Lau expressed that despite the prevailing negativity, she felt compelled to take the risk, driven by her love for books and a shift in family circumstances that made it an opportune time.

She plans to host author talks and create a cozy atmosphere for readers to browse and relax. Lau aims to cater to the loyal core of enthusiasts for literature, history, and philosophy while also exploring whether her selection can attract a wider audience. Her hope is that her unique approach will carve a niche in the struggling Hong Kong independent bookstore landscape.