The city's premium shopping mall Harbour City saw more than 70 new store openings in the first three quarters of 2022.
shopping destination increased by 1 percent. Operating profit rose 6 percent compared to the same time last year. For the first eight months of 2022, weekend and holiday traffic increased 10 percent year-over-year.
With strict COVID-19-related border controls intact, positive sales results are mostly propped up by rising local demand. According to provisional figures released by the Census and Statistics Department, in July, retail sales value rose 4.1 percent year-over-year to 28.3 billionJuly sales of watches, clocks and valuable gifts jumped 28.3 percent in value, while apparel retail sales value rose 3.7 percent. Online retail sales value increased 8.6 percent year-over-year to 2.
In early August, Hong Kong relaxed quarantine rules to a three-day hotel quarantine, down from seven days. Visitors must then complete a four-day self-monitoring at home.
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