Shoppers return in Hong Kong but unclear if this will be a lifeline for retail sector

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HONG KONG - Hongkongers have gone on a spending spree after two months of being cooped up at home, although it's not clear if this will be enough of a lifeline to the city's retail and food and beverage (F&B) sectors which remain the among the worst hit by the Covid-19 pandemic.. Read more at straitstimes.com.

HONG KONG - Hongkongers have gone on a spending spree after two months of being cooped up at home, although it's not clear if this will be enough of a lifeline to the city's retail and food and beverage sectors which remain the among the worst hit by the Covid-19 pandemic.

Together with tenants, the group created a digital ecosystem where it ran multiple live streaming events on popular social media platforms including WeChat, as well as using virtual reality technology to help consumers purchase artworks. But, with public gatherings now capped at four and the Mid-Autumn Festival on Oct 1, she has plans to venture out more.

"The festival will not be of much help to restaurants as sales of mooncakes have been slow and bookings for tables have not been like in the past. There are no tourists and the ban on gatherings of not more than four people remains, so all these will impact on spending by families and companies," said Mr Kwok Wang Hing, chairman of the Eating Establishment Employees General Union.

 

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