Illustration: Kaliz Lee

What is the future for Hong Kong’s luxury retailers, as China’s big spenders avoid city of protests and coronavirus quarantines?

  • Mainland Chinese tourists spent HK$7,029 (US$905) per person in 2018, and made up 78.3 per cent of Hong Kong’s visitors in 2018
  • Preliminary data points to impending doom, as the average daily traffic to Hong Kong plummeted to fewer than 3,000 in February, from almost 200,000 a day in the same period a year earlier, according to the Hong Kong Tourism Board
Topic |   Retailing
Illustration: Kaliz Lee