Hong Kong Luxury Feels Protest Pain

The video discusses the impact of protests on Hong Kong's retail sales, with a noted decline attributed to the unrest. It highlights the increase in Chinese tourists to Singapore, possibly due to uncertainties in Hong Kong. The shift in tourist spending from luxury items to lower-priced goods is noted, with a potential repatriation of spending to mainland China. Retail rents in Hong Kong are under negotiation, with street-level rents expected to decrease, while mall rents may rise. China's retail sales are bolstered by e-commerce, with significant growth observed, particularly in anticipation of Singles Day.

In what ways might Singapore benefit from the downturn in Hong Kong's retail sector?

What role does e-commerce play in the recovery of China's retail sales?