Oct 7th, 2024
China Decoded: Hong Kong's Retail Pain Persists
Hong Kong's retail sector remains under pressure, with sales value falling for a sixth straight month in August. Bloomberg Intelligence says the slump may persist as an increase in mainland Chinese visitors is unlikely to offset a drop in local spending. Meanwhile, Lan Kwai Fong Group Chairman Allan Zeman says his properties have added a number of mainland brands as the city's consumer landscape changes. He gives his take on Hong Kong's consumer trends on "Bloomberg: The China Show."



