Retail
Retail sales grows 31.3% in February 2023
Retail sales grows 31.3% in February 2023
                                                                                                 
                        
                          But provisional online retail sales dropped 4.1% to $2.6b.
                    
                                        
                    
                CK Hutchison posts 10% profit growth in 2022
                                                                                                 
                        
                          Its profit attributable to ordinary shareholders stood at HK$36.6b. 
                    
                                        
                    
                How Hong Kong can remain a shopping destination for GBA travellers
                                                                                                 
                        
                          Survey reveals 10%-15% of GBA travellers will spend less in HK in the next 3 years.
                    
                                        
                    
                Retail sales value jumps 7% YoY in January
                                                                                                 
                        
                          The total value stood at $36.2b.
                    
                                        
                    
                Border reopening boosts retail sentiment: CBRE
                                                                                                 
                        
                          Asking rents in tourist hotspots have increased since January.
                    
                                        
                    
                Around 3 in 10 Hongkongers prefer shopping online
                                                                                                 
                        
                          Over half of the consumers in Indonesia and Thailand would rather buy online.
                    
                                        
                    
                Retail sales value increases 1.1% YoY in December
                                                                                                 
                        
                          The total value stood at $33.7b.
                    
                                        
                    
                Top 3 cross-border destinations retailers eye for expansion
                                                                                                 
                        
                          Hong Kong and Singapore are tied for second place. 
                    
                                        
                    
                SMEs remain in ‘expansionary’ territory in Q4 2022
                                                                                                 
                        
                          This is for the eighth consecutive quarter, OCBC noted. 
                    
                                        
                    
                Managing conversations to increase conversions
                                                                                                 
                        
                          Enterprises that used chat management platform, imBee, saw a 25% increase in sales. 
                    
                                        
                    
                Cathay opens experiential retail space in Cityplaza shopping mall
                                                                                                 
                        
                          Customers can scan products through QR code and use flexible modes of payment.
                    
                                        
                    
                Retail sales value edges up by 3.9% YoY in October
                                                                                                 
                        
                          The total value stood at $31.9b.
                    
                                        
                    
                Hong Kong retail sales up 0.2% in September
                                                                                                 
                        
                          Retail sales stood at $28.1b, the Census and Statistics Department reported.
                    
                                        
                    
                Complications and iconic designs: Patek Philippe’s eight debuts showcase its fields of excellence
                                                                                                 
                        
                          The manufacturer has extended its collection of complications with new chronographs.
                    
                                        
                    
                Retail sales value slightly dips by 0.1% YoY in August
                                                                                                 
                        
                          The total value stood at $28.6b.
                    
                                        
                    
                How will the 0+3 arrangement affect HK's industries?
                                                                                                 
                        
                          The leasing market expects a pickup in activities.
                    
                                        
                    
                Retail leasing continues recovery as quarantine measures eased: JLL
                                                                                                 
                        
                          More leases are expected in the future as inbound visitor figures sighted to rise.