The retail industry in Hong Kong is facing cold winds from the North. The number of PRC visitors has decreased from 47.2 million in 2014 to 45.8 million in 2015. The visitors’ number has a further drop of 10.6% in the first half in 2016, compared with 2015 first half. Value index of retail sales of clothing, jewelry, and department stores has continued decreasing for 18 months since December 2014. Let’s have a look at how the market views the prospects of the Hong Kong retail industry.
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