The performance of the Hong Kong retail market after the epidemic continued to weaken. The temporary valuation of the retail amount in August this year fell by 10 % year -on -year.People in the local retail industry expect that the downgrade of passenger consumption continues, coupled with the increase in consumption and out -of -travel in the north of Hong Kong people, the trend of the high number of units in Hong Kong's retail sales will be extended until early next year.
The Hong Kong Statistics Department announced on Thursday (October 3) that the temporary valuation of retail sales in Hong Kong in August was HK $ 2.9.2 billion (S $ 4.9 billion), a decrease of 10.1%year -on -year, and inferred that the market expectations fell by 9%.EssenceThis is also a consecutive month of retail sales of Hong Kong; the temporary valuation of sales in August fell 11.8%year -on -year, which was also inferior to the market estimated decline of 10.1%.
Data show that in August, most of Hong Kong's retail sales recorded a decline, of which the retail sales decline was the maximum of automobiles and automobile parts, which fell 35.1%year -on -year; followed by jewelry, clocks and valuable gifts, fell 24%year -on -year;Furniture and fixed devices also decreased by 21.3%year -on -year.The decline in retail sales of glasses shop expanded, and in August, it fell 17%year -on -year, which fell 15.8%year -on -year.
The category of retail sales, including alcoholic beverages and tobacco, increased by 25.2%year -on -year; drugs and cosmetics rose 4.5%.As for book newspapers, stationery and gifts, it rises by 3%.
A spokesman for the Hong Kong Government said that the performance of the retail industry in August continued to be affected by factors such as the transformation of the consumption model, the high exchange rate of the Hong Kong dollar, and the summer vacation of more citizens, which still fell year -on -year.In the future, it is expected to benefit from factors such as the central government's many Hong Kong -benefit policies and the exchange rate of the Hong Kong dollar with the US interest rate reduction.
This week is the seven -day "Eleventh" National Day Golden Week.According to the information of the Hong Kong Entry Department, the first day of the holiday (October 1), there were 221,000 travelers visiting Hong Kong, setting a new high in the mainland in the mainland after the epidemic;On the third day, more than 196,000 mainland tourists visited Hong Kong.
Although there are 100,000 mainland tourists in China National Day Golden Week , but the chairman of the Hong Kong Retail Management Association Xie Xie Xie Xie Xie XieQiu Anyi said on Friday that the sales of Hong Kong's retail industry in the off -season are similar to the traditional peak season, but they are just floating at a certain level, which is related to factors such as foreign travel or north and tourist consumption downgrade.Although the overall flow of people on the market in the Eleven Golden Week is better, it is only better than the usual flow. It is just like the usual weekend flow, and the consumption power is still weak.
Xie Qiu Anyi explained that currently mainland travelers are mainly pure tourism, not consumption. The association maintains the prediction of the decline in the low double -digit decline in Hong Kong's retail sales of high units this year. The decline may be postponed until early next year.
Xie Qiu Anyi also said that the rise in the stock market will bring a wealth effect. In September, Hong Kong stock market increased, making the overall atmosphere of society.Great.Due to the low base in September last year, it is expected that the retail sales of Hong Kong in September this year will improve.As for whether it will continue to drive the overall retail, it takes time to observe.
Cui Dingbang, director of the Hong Kong Tourism Promotion Association, pointed out in an interview with Lianhe Morning Post that Hong Kong ’s business in China’ s National Day Golden Week this year is better than last year. The overall number of visitors to Hong Kong increased compared to last year, hoping to help stimulate the local consumer market.
But he said that in recent years, there are many choices for people to travel to travel in recent years. In addition to foreign travel, many people also like domestic travel.To attract more mainland tourists in Hong Kong, we cannot compete for prices, and can only work hard in terms of product quality, characteristics and service levels.He said, "In the future, Hong Kong will attract potential passengers who have not been to Hong Kong for the mainland market, and there are some long -distance customers, which need to be analyzed through big data."
