July 4, 2018
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Hong Kong retail sales growth quickens in May helped by tourismedit

Reuters – Online

Hong Kong retail sales growth definitely relies on mainland visitor numbers nowadays,” said Michael Cheng, Asia Pacific & Hong Kong/China Consumer Markets Leader at PwC. Sales of jewellery, watches, clocks and valuable gifts, jumped 23.8 percent in May, medicines and cosmetics rose 18.7 percent, and department store sales climbed 16.7 percent.

 

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