Hong Kong retail sales show signs of strain despite June uptick

Developer Hang Lung laments 'structural issue' as shoppers head to mainland

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Hong Kong's subdued consumer market poses a challenge for retailers. (Photo by Yuki Kohara)

PEGGY YE

HONG KONG -- Hong Kong retail sales lost steam in June after a modest rebound in May, the latest data shows, indicating that the market is still struggling with a combination of weak domestic consumer sentiment, outbound travel and lukewarm tourist spending.

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