A City’super outlet in Times Square, Causeway Bay. Photo: Nora Tam A City’super outlet in Times Square, Causeway Bay. Photo: Nora Tam
A City’super outlet in Times Square, Causeway Bay. Photo: Nora Tam

City’super banks on China connection to tap consumption upgrade story as Hong Kong retail industry slumps

  • China Resources and other investors buy 65 per cent of supermarket chain for undisclosed sum from sellers including billionaire Peter Woo
  • New owners seek to grow City’super by leveraging synergies with other own ventures like Ole, CR Vanguard

Topic |   Coronavirus pandemic: All stories
A City’super outlet in Times Square, Causeway Bay. Photo: Nora Tam A City’super outlet in Times Square, Causeway Bay. Photo: Nora Tam
A City’super outlet in Times Square, Causeway Bay. Photo: Nora Tam
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