Tuesday, July 22, 2014   

Lower sales due to mainland visitors: government
(06-03 18:34)

Hong Kong retail sales have fallen for a third consecutive month, with the decline accelerating sharply to 9.8-percent in April.
The government attributed the drop to a plunge in sales of high-value goods such as jewellery, watches. It noted that the decline may reflect a cutback in visitor spending after a prolonged period of brisk growth.
Speaking before the release of the new figures, the Chief Executive, Leung Chun-ying said he hoped they would stimulate further discussion on whether Hong Kong should act to reduce the number of mainlanders visiting the territory. --RTHK   
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