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Hong Kong: The preliminary estimate of the total sales value of the Retail Trade in January was 35.3 billion Hong Kong dollars, which is a year-on-year decrease of 3.2%.
On March 3rd, the Hong Kong Special Administrative Region Government Census and Statistics Department released the latest figures on Retail Trade sales.
These 4 Measures Indicate That Luk Fook Holdings (International) (HKG:590) Is Using Debt Reasonably Well
Are consumers of gold jewelry becoming desensitized to high gold prices?
① The impact of rising gold prices on consumers' purchase of Gold Trinkets seems to have changed. Recently, reporters inquired frontline personnel engaged in Gold Trinket wholesale and brand retail in Shanghai's Yuyuan about the situation, and the sales of Gold Trinkets have been booming; ② Some consumers believe that gold retains value better and is expected to increase in price in the future, providing an opportunity to offset the premium of Gold Jewelry; ③ The sales performance in gold stores may be able to break away from the trend observed since the first quarter of last year.
China Business Federation: In February, the Retail Trade prosperity Index in China is 50.1%, stabilizing within the expansion range running.
In February, the Retail Trade Prosperity Index (CRPI) in China was 50.1%, a decrease of 1.0 percentage points compared to the previous month.
Fewer Investors Than Expected Jumping On Luk Fook Holdings (International) Limited (HKG:590)
Hong Kong stocks early news on January 17: USA's retail growth in December was lower than expected, with mixed trends for Chinese concept stocks in US markets.
① Retail sales in the USA grew by 0.4% month-on-month in December, which is below market expectations. ② The number of people applying for unemployment benefits for the first time in the USA last week increased by 0.014 million to 0.217 million. ③ The three major indices of the US stock market collectively fell on Thursday, with China Concept Stocks fluctuating. ④ The World Bank warns that Trump's tariff policy may hinder this year's Global economic growth. ⑤ Federal Reserve official Waller stated that if the inflation rate declines, the rate cuts may be stronger than market expectations.
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