Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
Beijing has reportedly asked Hong Kong officials to present a plan for boosting tourism from mainland China following a 3 percent decline last year amid growing anti-mainland sentiment in the territory. A plan for drawing tourists to Hong Kong could include…
Starbucks baristas from across Asia took part in the first Regional Barista Championships in Hong Kong. The contest, held before more than 600 spectators, drew 2000 entries from markets including China, Thailand, Hong Kong, Malaysia, Japan and Indonesia…
Celebrating its 11th edition this year, Eco Expo Asia, the preeminent trading platform for green businesses in Asia, will gather industry experts and leading-edge products and solutions at AsiaWorld-Expo in Hong Kong from 26 to 29 October 2016. The annual…
More than 1,000 endangered but highly valued reef fish sold in Hong Kong last year were imported illegally, a university study shows. It was released yesterday and funded by the University of Hong Kong and the Convention on International Trade in Endangered…
Global exporter Li & Fung Ltd’s full-year profit fell 4.6 percent but beat analysts’ estimates, as growth in its logistics and vendor support services business helped overcome headwinds from global retail disruption and macro environment. The Hong Kong-based…
Hengdeli Holdings Limited, a world-leading retailer of internationally renowned brand watches, announced its annual results for the year ended 31 December 2015 (the “year under review”). In 2015, the overall operating environment was very challenging and…
Hong Kong’s economy is at its worst in 20 years, billionaire Li Ka-shing said on Thursday, warning that the city’s stock market could fall by more than half if the financial hub does not get backing from mainland China. Li, who held court and joked with…
Billionaire Li Ka Shing said yesterday that Hong Kong’s economy is at its worst in 20 years, and warned that the city’s stock market could fall by more than half if the financial hub does not get backing from mainland China. Mr Li, who held court with…
Hong Kong-listed Li & Fung, which supplies products from China for international groups including Walmart, has warned that the global retail market will remain weak this year as deflation continues to weigh on Chinese factories. The world’s largest sourcing…
HKTV has a very interesting story and background. The company’s original name was “City Telecom” which was built by CEO and founder Wong Wai Kay in 1992. Mr. Wong was born and graduated in Hong Kong, worked in IBM and later became an immigrant of Canada. In…
QNB has been recognised as the “Best Retail Bank in Qatar” by the Asian Banker Magazine. The prestigious award was received during The Asian Banker’s International Excellence in Retail Financial Services Awards 2016 ceremony held recently in Hong Kong. The…
International Travel Retail in partnership with DFS Group today opened the largest M&M’S outlet in travel retail at Hong Kong International Airport. The 35sqm store is located in Terminal 1 and, according to DFS, is designed to offer “chocolate lovers a…
Today, fashion designer Victoria Beckham launched her first shop outside Britain in Hong Kong as she seeks to tap the Asia market despite a downturn in luxury spending. Beckham’s store in Hong Kong’s Landmark building lies at the heart of Central. The British…
Within the confines of a limited budget, a Hong Kong design company has created a flexible hybrid space for new local grocery brand, U&B. “Low budget doesn’t mean no creativity,” says designer Wesley Liu of award-winning PplusP Designers. He used mono…
Shares of Chinese Estates dropped as much as 11 per cent on Tuesday despite its core profit jumping 3.4 times last year to HK$16.78 billion, mainly driven by asset disposals. The company’s shares end the day 8.65 per cent or HK$1.80 lower at HK$19 after…
Hong Kong International Airport (HKIA) recorded steady growth in passenger volume and flight movements last month. During the month, passenger traffic rose 4.9% year-on-year to 5.7 million, while flight movements increased by 4.5% to 32,625. The growth in…
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