[Brokerage Focus] Goldman Sachs: Hong Kong's Retail Trade had poor performance in November, with sales figures and performance of various categories varying.

Jinwu Financial News | A Goldman Sachs Research Report points out that in November, the value of retail sales in Hong Kong decreased by 0.6% month-on-month after seasonal adjustment, while the retail volume increased by 0.3%. Among major categories, sales of "jewelry, watches, and luxury gifts" saw the largest growth, while durable consumer goods experienced the greatest decline. Year-on-year, the sales value significantly dropped by 73%, which is a noticeable increase in the decline compared to October's -2.8%. In terms of retail sales value, there was a 73% decrease year-on-year in November, with a month-on-month growth of -0.6% after seasonal adjustment by Goldman Sachs, compared to +1.4% in October. The growth in sales value varies across different categories.

King Wu Financial NewsJan 3 01:33 ET

In Hong Kong, the total value of retail trade sales in November 2024 is estimated to be 31.7 billion HKD, a year-on-year decrease of 7.3%.

On January 2, the Census and Statistics Department of the Hong Kong government released the latest sales figures for the Retail Trade.

Zhitong FinanceJan 2 03:35 ET

Express News | Sasa Polyester - Plans to Gradually Ramp up Production in Jan 2025 and Reach Full Capacity Asap

ReutersDec 26, 2024 00:37 ET

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ReutersDec 26, 2024 00:35 ET

Express News | Sasa Polyester - in Adana Premises, at Purified Terephthalic Acid Plant Procurement of Raw Materials Required for Production Phase Has Been Completed

ReutersDec 26, 2024 00:35 ET

SA SA INT'L (00178): Forfeiture of unclaimed dividends.

SA SA INT'L (00178) announces that, in accordance with the provisions of the Articles of Association of SA SA INT'L Holdings Limited, any shareholder in the stock...

Zhitong FinanceDec 16, 2024 04:04 ET