News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research> G Sachs: HK Retail Trend Positive, Golden Week Visitor Arrivals Up 10% YoY
G Sachs published a report stating that inbound visitor arrivals to Hong Kong during the Golden Week recorded solid growth, rising 10% YoY to a total of 1.19 million, 3 ppts above ...
Reset
Send
The window will close in 5 seconds
<Research> G Sachs: HK Retail Trend Positive, Golden Week Visitor Arrivals Up 10% YoY
Close
Recommend
33
Positive
46
Negative
23
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get Level 1 Real-Time Streaming!

G Sachs published a report stating that inbound visitor arrivals to Hong Kong during the Golden Week recorded solid growth, rising 10% YoY to a total of 1.19 million, 3 ppts above the governments forecast. Meanwhile, outbound trips by local residents fell 11% YoY, due to a high base effect last year when Labour Day overlapped with the Buddhas Birthday holiday. The reduced outflow of local consumption, coupled with a strong recovery in the property market, should help support overall consumer sentiment. Industry feedback also indicated that, driven by the high-end segment, retail sales are expected to achieve sustainable double-digit growth.

According to the report, NEW WORLD DEV (00017.HK)  -0.130 (-1.371%)    Short selling $6.96M; Ratio 19.752%   s flagship mall K11 MUSEA in Tsim Sha Tsui saw tourist spending rise 25% YoY from May 1 to 4, driven by international luxury brands as well as jewellery and watch sales. Representatives from the catering sector also noted that restaurant revenues in tourist districts such as Tsim Sha Tsui and Causeway Bay increased 15% to 20% YoY. Average hotel occupancy reached about 90%, with average room rates rising in tandem. (ha/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25.)

Related News UBS Raises LINK REIT (00823.HK) TP to HKD47.2; Market Yet to Price in HKD34B Asset Recycling Opportunities

Auto-translated by AI
View Original Text
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.