Hong Kong's unemployed are drowning their sorrows by holding "we've-just- been-laid-off" parties in the city's a popular nighttime entertainment district.
"A lot of people have chosen to come together during hard economic times to let out a little steam and drown their sorrows," said Richard Feldman, chairman of Lan Kwai Fong Association, a business group named after the district.
Feldman, who owns about four restaurants and bars in the area, said there were at least two "we-have-just-been-laid-off" parties by investment bankers in the past month. "There were about 20 who were fired and other colleagues came to make them feel better," said Feldman.
"People were into denial, and so they were partying like there is no tomorrow."