View the original, larger copy of this image at the UWM website: http://collections.lib.uwm.edu/cdm/ref/collection/agsphoto/id/18281
Near the Causeway Bay Tram Terminus on Yee Wo Street. Behind the wall with the tents is the Eastern District Amusement Park and skating rink at Causeway Bay. A similar photo of the area from 1948 as seen here