Hong Kong Retail
3 in 5 in-store shoppers browse candy shops for holiday gift ideas
3 in 5 in-store shoppers browse candy shops for holiday gift ideas
Online shoppers, however, tend to look to video games and electronics for inspiration.
Retail sales drop 14.6% YoY in February 2022
The tightened measures against COVID-19 weakened consumption sentiment.
Is the retail property market on its way to redemption?
In January, retail sales value jumped 4.1%YoY to $33.9b.
Here's why 2022 is going to be a ‘slightly’ worse year for retail in HK
Retail sales growth is expected to be lower in 2022 at 7%.
Should Hong Kong’s brick-and-mortar retailers ride the e-commerce wave?
Surprisingly, retailers will need to cater more to the 62.1% of Hong Kongers who prefer to shop in-store.
Retail sales jump 7.1% YoY to $30.7b in November 2021
This is due to the positive consumer sentiment and the economic recovery.
State of the real estate: How the property market performed in October
Knight Frank cited trends that affected the performance of the market.
Opening of China border to impact HK’s retail market
Some retailers already saw an uptick in share prices.
Retail sales up 11.9% in August
Thanks to the boost from the Consumption Voucher Scheme.
Retail sales growth slows down in July
Sales rose 2.9% during the month, a drop compared to 5.8% in June.
Retail sales up 5.8% in June but below expectations
This was likely driven by continuing social distancing measures.
Commentary
Don’t let ESG gaps affect your asset’s value