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TOPIC
Retailing
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Retailing
Latest news and features on retailing with a particular focus on Hong Kong, mainland China and Asia, covering consumer goods and services, retail strategies, shopping habits, sales results and trends.
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Hong Kong economy
WeChat Pay records fourfold rise in mainland tourist taxi payments in Hong Kong
Tencent executive also says more than 20,000 taxi drivers in city now accept both local WeChat Pay HK accounts and the mainland version.
4 hours ago
Artificial intelligence
ByteDance helps jewellery firm Lao Feng Xiang push AI glasses to China’s elderly
6 hours ago
Nintendo
Nintendo’s new Switch 2 console breaks a sales record in first 4 days
12 Jun 2025 - 10:17AM
Apple
Apple’s most sweeping software redesign disappoints mainland Chinese consumers
The hashtag ‘iOS26 Ugly’ was microblogging app Weibo’s top-trending topic on Tuesday, as thousands of netizens expressed their discontent.
10 Jun 2025 - 9:00PM
Banking & finance
Labubu becomes bait for China’s Ping An Bank to lure young customers
Tactic draws attention of regulators as retail banks on the mainland struggle to attract young customers, analysts say.
10 Jun 2025 - 6:22PM
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John Lee
Exclusive
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Hong Kong’s retail sector is struggling but people will have to adapt: John Lee
Chief Executive John Lee urges businesses to ‘work harder’ in response to market changes.
8 Jun 2025 - 4:06PM
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China manufacturing
Baijiu blues and plum pickings: tastes of China’s Gen Z rewrite liquor industry
Young Chinese are driving a shift from the traditional white spirit to fruity, lower-alcohol beverages, in a sign of as evolving lifestyles.
9 Jun 2025 - 12:37PM
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Beauty
Thai beauty is taking off – and Cathy Doll’s owner Karmart is its star
Wongwiwat and Pongwiwat Theekhakhirikul discuss starting as a family business, Trump tariffs, and offering premium products.
8 Jun 2025 - 11:26AM
Timepieces
Meaningful milestones or marketing run amok? A closer look at anniversary watches
Anniversary editions hold value if the stories behind them are relevant – see the likes of Jaeger-LeCoultre, Hublot, Zenith, Patek Philippe and Tag Heuer for good examples.
6 Jun 2025 - 10:00AM
China’s economic stimulus
Local governments halt some subsidies ahead of China’s big 618 shopping festival
Abrupt halt to shopping vouchers – meant to stimulate consumption and boost economy – comes as a surprise, with depleted funds and ‘programme upgrades’ cited.
6 Jun 2025 - 8:00AM
E-commerce
Alibaba, JD.com sales surge during 618 festival, thanks to subsidy programme
Preliminary data shows Apple, Xiaomi, Huawei, Midea and Haier each rang up sales of over US$13.9 million on the two shopping platforms.
4 Jun 2025 - 11:03AM
IPO
Why Chinese fresh-drink firms could leave investors high and dry
Too much money could be chasing the same growth story, S&P Global Ratings says.
3 Jun 2025 - 5:30PM
Hong Kong property
Exclusive
|
Hong Kong McDonald’s spot close to topping London as world’s busiest
The Admiralty Centre outlet serves more than 1,000 customers an hour during peak periods, putting it on a path to surpass the Liverpool Street branch.
3 Jun 2025 - 10:12AM
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Consumers
Is Labubu the next Hello Kitty? Analysts debate Pop Mart’s limits
Labubu is a stunning success and a new Chinese cultural export, but can the company repeat its feats and rival Sanrio?
3 Jun 2025 - 7:46PM
Apple
Apple faces another year of iPhone woes in China as Huawei rises
Fierce competition from Chinese rivals and a broader economic slowdown are contributing to another weak year for Apple, IDC says.
1 Jun 2025 - 10:00AM
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Hong Kong society
Hong Kong ‘silver economy’ moves to boost spending by ‘5% annually over 3 years’
Deputy Chief Secretary Warner Cheuk’s remarks follow series of measures being rolled out to better address needs of greying population.
31 May 2025 - 4:59PM
Hong Kong economy
Who’s got the next Labubu? Hong Kong creators eye a slice of ‘goods economy’ pie
Artists and designers need support to make their mark in lucrative market for toys and other collectibles.
29 May 2025 - 8:30AM
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E-commerce
PDD faces profit challenge amid Trump tariffs, domestic e-commerce competition
‘Macroeconomic uncertainties and significant investments in the ecosystem’ are expected to continue affecting PDD’s earnings outlook, UBS analysts say.
28 May 2025 - 9:00PM
E-commerce
Delivery war: Alibaba vies for Meituan’s on-demand throne in China
Alibaba’s Taobao Instant Commerce service and Ele.me have surpassed 40 million daily orders within a month of launch, the company says.
27 May 2025 - 8:30PM
Hong Kong property
Hong Kong’s Gale Well suffers US$6.5 million loss on sale of 2 shops
The real estate investment firm has sold a number of properties in the last few months, while some of its assets are still on the market.
27 May 2025 - 7:08PM
Consumers
China’s Pop Mart conquers Middle East with Labubu plush toys
The popular plush charm is not just trendy in the region, but also expensive, selling for US$109.
27 May 2025 - 11:11AM
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Hong Kong property
Japanese retailers capitalise on Hong Kong’s retail property slump to expand
Osaka-based 3Coins store to open in mid-July in Hysan Place; firm plans to sell Japanese grocery products and other items.
27 May 2025 - 8:46AM
E-commerce
China looks to rein in e-commerce platform commissions, support small businesses
New draft rules from China’s top market regulator would limit commission fees charged by e-commerce platforms, with a focus on supporting small businesses.
26 May 2025 - 6:05PM
Indonesia
Indonesia faces calls to boost economy through more support for small businesses
Micro, small and medium enterprises account for over 60 per cent of Indonesia’s economy, and analysts say support for them is critical.
24 May 2025 - 12:00PM
E-commerce
Apple, Huawei, Xiaomi lead China’s top-500 ranking of consumer brands, report finds
The rankings were based on domestic consumers’ online purchase behaviour, according to a Peking University report.
22 May 2025 - 9:00PM
Hong Kong society
Labubu, Molly toys put spotlight on Hong Kong culture in Shenzhen festival
Camel, Red A also among 12 local brands being showcased at city’s booth at the China Shenzhen International Cultural Industries Fair.
23 May 2025 - 1:03AM
Hong Kong stock market
Labubu propels Pop Mart into HK$300 billion club on Hong Kong market
After a 10-fold share-price jump in a year, toymaker tops all but 26 other Hong Kong-listed firms in market capitalisation.
22 May 2025 - 4:35PM
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Alibaba
Alibaba lands US$250 million convertible bonds deal with selfie app giant Meitu
The strategic collaboration is expected to serve as ‘the foundation of a long-term partnership’ between Meitu and Alibaba.
21 May 2025 - 5:00PM
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