Say it ain't so! HK Magazine, the beloved English-language lifestyle publication, is closing down after 25 years.
Industry sources, who declined to be named, told Coconuts Hong Kong that the decision was announced earlier today by upper management at SCMP Group.
We're told that the final issue will be published on Oct. 7.
At the time of writing, it is unclear how many of HK Magazine's employees will be laid off. Some staff members have already been given the option of transferring to a new role within SCMP Group, our source said.
The free weekly magazine was first published by three best friends in June 1991 and has since flourished into an indispensable insider's guide to culture, current affairs, and events in the Fragrant Harbour.
It's commonly available in bars, restaurants, and coffee shops around the city (full list here), largely on Hong Kong Island.
In 2013, HK Magazine's publisher Asia City Media Group sold its local titles to the South China Morning Post for HKD13 million. Last year, SCMP Group was acquired by e-commerce giant Alibaba Group.