retail sales

New Business

Hongkongers’ Shenzhen shopping sprees abate, in relief for retail owners, UBS and JLL say

Hong Kong’s downtrodden retail sector could be headed for a turning point in coming months, as city residents show less…

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As US tariffs bite, China helps its exporters pivot to a new market – China

China is planning to roll out measures to help foreign trade firms expand into the domestic market, as it seeks…

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Breaking | China’s 2025 starts with rising retail sales as consumption takes centre stage

China has reported a 4 per cent growth in consumption in the first two months of 2025, a modest increase…

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China unveils 30-point toolbox to lift consumption

China has vowed to increase household wealth, boost the stock and property markets and funding for artificial intelligence (AI), under…

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How Hong Kong’s property slump is affecting asset values owned by celebrities and tycoons

Hong Kong’s weakening retail sales and slumping property market have sharply reduced the capital values of commercial real estate owned…

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Hong Kong’s Times Square owner says earnings sink on weak retail, property market

Wharf Real Estate Investment Co, one of Hong Kong’s biggest commercial landlords, said earnings tumbled last year as revenue from…

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Hong Kong retail property fund Bridgeway sells Jordan shop at 30% discount

A veteran Hong Kong property investor has sold a shop in Jordan at a loss of more than 30 per…

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Hong Kong’s Gaw Capital buys central Tokyo shopping centre for more than US$1 billion

Gaw Capital, a Hong Kong private equity firm focused on real estate, completed the acquisition of a shopping centre in…

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Hong Kong developer Hang Lung diversifies amid consumer challenges

Weak consumer confidence in mainland China and Hong Kong is unlikely to improve any time soon, but Hang Lung Properties…

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Shanghai issues more consumption vouchers after shock fall in retail sales

Shanghai has announced plans to issue another round of consumption vouchers, as the Chinese metropolis tries to reverse a downturn…

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