Hong Kong’s retail sales rose by 8.6 per cent year on year in April, extending the sector’s recovery for a 12th consecutive month, supported by continued growth in visitor arrivals and holiday spending. Provisional figures released by the Census and Statistics Department on Tuesday showed retail sales reached HK$31.4 billion (US$4 billion) in April, compared with HK$28.9 billion a year earlier. Retail sales for the first four months of 2026 rose 11.3 per cent from the same period last year. A...
Hong Kong is likely to attract more mainland Chinese retail brands, but unlike the previous wave, non food and beverage (F&B) retailers are the ones ramping up their presence, according to analysts. The change in profile of mainland brands coming to Hong Kong is helping the city’s landlords fill vacant spaces amid an uneven recovery in the retail property market, according to JLL. In the first four months of the year, more than one fifth of new entrants in the city’s retail market were mainland...