Retail
Barclays slashes Li & Fung's operating profit estimate by a hefty 21-24%
Barclays slashes Li & Fung's operating profit estimate by a hefty 21-24%
Is the firm's huge 1H15 miss a reason for this?
Closing of DSC stores a shock to already troubled retail sector
Are the warning signs being heeded?
Hong Kong's SMEs still haunted by pessimistic business outlook
Despite sales outlook's slight improvement.
Retail sales, street shop rents in Hong Kong spiral down
Even hotel occupancy rates have been sinking.
Street shop rents hurt most by retail downturn
Landlords face tougher battles.
Sa Sa's 1H15 earnings feared to tumble by over 24%
No thanks to intensified competition.
Sa Sa develops online strategy to convert offline shoppers
Offering the company a chance to diversify.
Hong Kong is losing the retail game to "new TST" with mainlanders
Sales are sorely suffering.
Hong Kong retail sales down 0.1% y/y by value in May at HK$39.0bn
It's much better compared with April.
Le Slip Francais brings its fun and authentic French brand in Asia
And Hong Kong is its new home.
Hong Kong's retail sector predicted to grow a wee 1% this year
Analysts turn their eyes on local spending to save the situation.
Overall retail sales dipped 2.9% y/y in March
Worse compared with Jan-Feb decline.
Sa Sa's 4Q FY15 Hong Kong and Macau sales down 2.4% y/y
1Q FY16 sales were also disappointing.
Local spending possible source of stabilization in 2015
Amid market's pessimistic view.
5 reasons why Hong Kong will suffer weaker visitor spending
And trends will likely continue deteriorating.
Tightened policy on Chinese tourists worsened market pessimism in 2015
Added to unexpectedly worse 1Q15 sales decline.
Tourist spending to be slashed by 2.3% as new visitor permits take bite
That's a whopping $11.5b.
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Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong