Retail
SHOPLINE: AI adoption boosts GMV by 1.2x for 40% of Hong Kong merchants
Non-adopters fall behind as AI merchants outperform within the SHOPLINE ecosystem.
Prime retail rents set to slide up to 10% in 2026, report warns
JLL forecasts high street shop rents to soften by 0–5%.
Wellcome, COFCO target $100m sales in first year
Partnership spans supply and marketing.
F&B operators lead retail leasing in February
Amongst notable transactions was the leasing of an 840-square-foot G/F space at Haiphong Road.
Hong Kong to align development strategy with China’s 15th Five-Year Plan
The government will draft the city’s first five-year plan.
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.
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