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