Retail is making a comeback in Hong Kong. Deloitte China reported an encouraging HK$203 billion (US$25.9 billion) in sales volume in the first half of 2026, beating expectations. Accordingly, they forecast the retail market to reach HK$412 billion by the end of this year. A retail revival should directly translate into reduced vacancies for the city’s bricks-and-mortar stores. However, while high street vacancies dropped to 9.1 per cent, the lowest since 2020, vacancies in prime shopping centres...
Hong Kong’s malls must evolve into green sanctuaries to stay relevant
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SCMP - China Feed 2By Dennis Lee
EXECUTIVE SUMMARY
Retail is making a comeback in Hong Kong. Deloitte China reported an encouraging HK$203 billion (US$25.9 billion) in sales volume in the first half of 2026, beating expectations. Accordingly, they forecast the retail market to reach HK$412 billion by the end of this year. A retail revival should directly translate into reduced vacancies for the city’s bricks-and-mortar stores. However, while high street vacancies dropped to 9.1 per cent, the lowest since 2020, vacancies in prime shopping centres
Key Takeaways
- Hong Kong’s malls must evolve into green sanctuaries to stay relevant.
- Retail is making a comeback in Hong Kong.
- Deloitte China reported an encouraging HK$203 billion (US$25.9 billion) in sales volume in the first half of 2026, beating expectations.
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Published originally on SCMP - China Feed 2
