Taxi trade fears 10% could lose cabs as drivers gear up for ride-hailing
- Posted on May 30, 2026
- By South China Morning Post
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- 1 min read
Taxi trade fears 10% could lose cabs as drivers gear up for ride-hailing
Industry leader Chau Kwok-keung estimates about 1,800 out of city’s 18,163 cabs will be repossessed by banks as owners fail to meet mortgage payments.
