Shopping malls | South China Morning Post
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  • Jan 30, 2015
  • Updated: 10:06pm

Shopping malls

Shimao shifts strategy to build mini malls serving its nearby housing projects

Jason Hui Sai-tan's firm is thinking small. Photo: Edward Wong

Shimao Property - the mainland's No9 developer by sales last year - is changing its strategy by building more "mini" shopping malls and hotels instead of large projects, so as to speed up the turnover of assets and free up capital for future expansion.

Saturday, 18 January, 2014, 1:32am

Kowloon malls eye Kai Tak cruise visitors

The cruise terminal at Kai Tak will welcome its first vessel, the Mariner of the Seas, today, and shopping malls expect to do good business. Photo: K.Y. Cheng

The Kai Tak Cruise Terminal, which opens today, will be a magnet for attracting big-spending visitors, say retail landlords and travel industry operators. "Cruise ship tourists used to be wealthy Western retirees, but this has changed and a growing number of younger people with higher spending power are joining tours," said Joseph Tung Yao-chung, executive director of the Travel Industry Council.

12 Jun 2013 - 4:07am

Hong Kong shopping malls record bumper new year sales

The APM Mall saw brisk business during the Lunar New Year holiday.

The cash registers have been ringing loud and fast at Hong Kong shopping centres, with average sales rising 20 per cent at the start of the Year of the Snake, thanks to an influx of mainland tourists.

16 Feb 2013 - 4:13am

Let's open up our streets to enterprise

Let's open up our streets to enterprise

Safety, hygiene and anti-triad crime prevention. In the name of these goals, the government, since the 1990s, has systematically chased away hawkers and made our streets safe for brand-name shops and luxury shopping malls.

15 Feb 2013 - 4:14am 2 comments

Shopping malls report strong retail sales for Lunar New Year holiday

Shopping malls report strong retail sales for Lunar New Year holiday

Shopping malls reported an influx of customers, bringing strong sales, over the Lunar New Year but smaller shops said trade had dipped as Hongkongers tightened their belts at the start of the Year of the Snake.

14 Feb 2013 - 4:09am