“The performance in July was mainly dragged by the fall in visitor spending on some big-ticket items, and also reflected the more cautious local consumer sentiment amid an uncertain economic outlook,” the Hong Kong government said in a statement.
Hong Kong retail sales slide 7.7 per cent in July despite upbeat tourist numbersSouth China Morning Post
Hong Kong July Retail Sales Down 7.7% by Value Amid Weaker Visitor SpendingNasdaq

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From:: Hong Kong News By Google News

By Zennie Abraham

Zennie Abraham | Zennie Abraham or "Zennie62" is the founder of Zennie62Media which consists of and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.