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Night Recap - June 5, 2026
12 hours ago
Cathay Pacific's executive director and CFO Rebecca Sharpe to step down
04-06-2026 17:35 HKT
Provisional data from the Census and Statistics Department shows Hong Kong's retail sales value reached HK$33.7 billion in November 2025, up 6.5 percent year-on-year, though growth slowed slightly from October.
The increase moderated by 0.4 percentage points from the previous month. For the first 11 months of 2025, sales grew 0.4 percent overall.
After price adjustments, sales volume rose 4.4 percent in November, easing 0.9 points, but fell 0.9 percent over the January-November period.
The strongest performers included electrical goods and other durable consumer items, up 38.6 percent, and medicines and cosmetics, up 9.2 percent.
Declines hit books, newspapers, stationery and gifts, down 10.6 percent, and fuel, down 11.1 percent.
A government spokesman noted sustained recovery momentum across many categories, expecting further improvement from ongoing economic growth, better local consumption sentiment, and robust inbound tourism.
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