Retail
Local spending possible source of stabilization in 2015
Amid market's pessimistic view.
5 reasons why Hong Kong will suffer weaker visitor spending
And trends will likely continue deteriorating.
Tightened policy on Chinese tourists worsened market pessimism in 2015
Added to unexpectedly worse 1Q15 sales decline.
Tourist spending to be slashed by 2.3% as new visitor permits take bite
That's a whopping $11.5b.
Hong Kong 6th most popular retail market globally
Which country is at the top?
How the looming change in Individual Visit Scheme could impact retail market
Restriction of Mainland visitor numbers has consequences.
January retail sales dropped 14.6% in value
Retail sales volume also decreased 13.9% y/y.
Sa Sa's sales in Hong Kong, Macau jump 3% y/y in January, February
Late timing of CNY was a factor.
New HK visitor policy feared to shoo more Mainland tourists away
It's bad news for retailers.
Retail sales sink 14.6% y/y in January
Chinese New Year could improve market, though.
Leasing market in prime street segment turning more tenant-friendly
Landlords are becoming more flexible.
Euro, USD fluctuations hurt affluent Chinese visitors' preferences
Hong Kong suddenly became less appealing.
Retail sales slumped towards end of 2014
It's the market's coldest winter since 2003.
Hong Kong's retail sales dropped 0.2% in 2014
It's the first full-year drop since 2003.
Tourists start ditching Hong Kong for other countries
Retail sales had been badly hurt.
Hong Kong retail sales growth dipped 3.9% in December
Jewellery and watches sales dropped.
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