Hong Kong Retail Sales Rise 4. 6% in June, Extending Growth Streak to 14 Months Hong Kong's retail industry has experienced a 14 month growth streak, with sales increasing by 4. 6% in June to HK$31. 5 billion (US$4.
01 billion). This uptick is largely driven by the city's status as a major hub for international trade and tourism.
Across various categories, luxury items such as jewelry, watches, clocks, and valuable gifts saw a significant surge of 20. 1% year on year. Electrical and other consumer durables also experienced growth, rising by 11.