Hong Kong retail sales jump nearly 12% in first 2 months of year

Hong Kong’s retail sales jumped by nearly 12 per cent in the first two months of 2026 against a year ago, with authorities pointing to growth in the local economy and a surge in tourists. Provisional figures released by the Census and Statistics Department on Wednesday showed retail sales reached HK$35 billion (US$4.47 billion) in February, driven by the Chinese New Year holidays and major events in the city. In February, growth was 19.3 per cent year on year, while retail sales in January...