Hong Kong retail activity
Retail sales extend 16-month streak despite visitor growth cooling
Retail sales extend 16-month streak despite visitor growth cooling
High street vacancy fell to 6.0% in Q3 as landlords gained confidence in rent talks.
Kai Chiu Road, Haiphong Road emerge as retailers most favoured shopping streets
Retail rents in Haiphong Road are now only 40% lower than pre-pandemic levels.
Commentary
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