Retail
Hong Kong to align development strategy with China’s 15th Five-Year Plan
Hong Kong to align development strategy with China’s 15th Five-Year Plan
The government will draft the city’s first five-year plan.
3 days ago
Retail sales reach $37.3b in January as online spending jumps 25%
Sectoral sales up 5.5% year on year in January.
New rate concessions and tax cuts to slash costs for enterprises
Financial Secretary Chan announces a 100% profits tax reduction in his Budget Speech.
Gov’t injects $200m into BUD Fund to boost SME competitiveness
The funding ceiling of the “Easy BUD” will be raised to $150,000 per application.
Nearly half of Hong Kongers shop online in 2024, more than double 2014 levels, C&SD says
Mobile payments reached 60% adoption across the region.
Retail sales post strong December growth as online sales surge 30.9%
Retail sales hit $35b with online spending now nearly 9% of total sales.
Retail grows 5.1% as office leasing still drags: UOB
Local spending lifts sales whilst earnings rely on costs.
Retail sales hit $345b as market signals 'two-speed' recovery
E-commerce and F&B resilience support early market stabilisation.
Local retail rents slide 5% as card spending flees offshore
One-third of credit card transactions migrate abroad.
Patek Philippe celebrates the launch of the Cubitus collection in Hong Kong
It showcased bold design and watchmaking mastery.
Retail rebounds in end-2025 on sales, leasing, arrivals
Total retail sales in November rose by 6.5% YoY, whilst leasing reached 349,000 sq. ft.
Hidden payment costs bite Hong Kong’s e-commerce margins
Most merchants lose up to 10% of their monthly revenue to payment failures, disputes, and processing delays.
Retail rents to further decline in 2026, says JLL
JLL expects vacancy rates to stay high in 2026 as closures outpace new take-up.
Patek Philippe announces the WATCH ART grand exhibition Milan 2026
For the seventh of its Grand Exhibitions across the world, Patek Philippe has chosen one of its leading historic markets: Italy.
ShopBack Pay targets Hong Kong F&B to drive user growth
It’s open to other sectors where it can widen rewards and back merchant expansion.
Hong Kong diamond market growth driven by gifts, study shows
Sales rise during Valentine’s Day, engagements, and Christmas.
Licences, permits for Hong Kong hawker operators waived
No fees on first issue, renewal of licenses for food businesses from Nov. 2025 to Oct. 2026
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