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Hong Kong Retail Sales Suffer "Very Enormous" Crash As Tourism Collapses 

Hong Kong Retail Sales Suffer "Very Enormous" Crash As Tourism Collapses  Hong Kong's retail industry cra.....»»

Category: blogSource: zerohedgeDec 2nd, 2019

Wall Street slips on Black Friday

Wall Street's major indexes ended Friday's shorter session lower as U.S.-China discord over Hong Kong fueled investor anxiety about trade talks and retail stocks dipped as in-store Black Friday sales appeared to draw smaller crowds. Fred Katayama reports......»»

Category: videoSource: reutersNov 29th, 2019

Wall Street slips as U.S.-China tensions weigh, investors watch retail

Wall Street's major indexes ended Friday's shorter session lower as U.S.-China discord over Hong Kong fueled investor anxiety about trade talks and retail stocks dipped as in-store Black Friday sales appeared to draw smaller crowds......»»

Category: topSource: reutersNov 29th, 2019

Hong Kong is in a recession as five months of protests take a toll

Hong Kong is headed for recession, as five months of protests send tourism and retail numbers plunging......»»

Category: topSource: moneycentralOct 29th, 2019

Market Snapshot: Stocks turn mixed midday despite lingering worries on China relations, weak retail sales

Stocks were little changed midsession Wednesday, as tensions between the U.S. and China over Hong Kong protests weighed on efforts to complete a trade deal, and after a weak retail sales report offset better-than-expected corporate earnings reports......»»

Category: topSource: marketwatchOct 16th, 2019

Market Snapshot: Stocks open lower on lingering worries over U.S.-China relations, weak retail sales

Stocks opened lower Wednesday, as tensions between the U.S. and China over Hong Kong protests weighed on efforts to complete a trade deal, and after a weak retail sales report offset better-than-expected corporate earnings reports......»»

Category: topSource: marketwatchOct 16th, 2019

Hong Kong faces recession amid protests and US-China trade stalemate

Tourism and retail sales—crucial parts of Hong Kong’s economy—are both slumping, as months of pro-democracy protests weigh heavily on one of the world’s financial hubs. Photo:.....»»

Category: topSource: moneycentralOct 14th, 2019

Dow Jones Newswires: Hong Kong’s August retail sales plunge in worst monthly decline on record

Value of retail sales fell 23% in August from a year ago, the worst monthly decline on record, according to the Hong Kong Census and Statistics Department.....»»

Category: topSource: marketwatchOct 3rd, 2019

"Hong Kong Is A Disaster" - Retail Sales Routed As Bitcoin Volumes Hit Record High

"Hong Kong Is A Disaster" - Retail Sales Routed As Bitcoin Volumes Hit Record High European luxury-goods stocks tumbled as data show the pro-democracy protests in Hong Kong are taking an increasing to.....»»

Category: blogSource: zerohedgeOct 2nd, 2019

Tiffany profit tops estimates, Hong Kong and tourism hit sales

Luxury jeweler Tiffany & Co on Wednesday reported quarterly earnings that beat estimates on a drop in marketing costs even as sales were hurt by lower spending by Chinese tourists in the United States and political unrest in Hong Kong......»»

Category: topSource: reutersAug 28th, 2019

Cartier, Louis Vuitton and other luxury brands could suffer up to a 60% hit in Hong Kong if protests continue

Luxury brands could see sales in Hong Kong decline 10% to 60% compared to last year if protests continue through the end of 2019, Cowen data shows......»»

Category: topSource: marketwatchAug 21st, 2019

Hong Kong"s growth halved in fourth quarter as trade war hit

The trade war between the U.S. and China and slowing retail sales dragged Hong Kong’s economic growth down at the end of last year, with exports showing almost "zero growth.".....»»

Category: topSource: moneycentralFeb 17th, 2019

Tiffany profit falls short on weak demand in Americas, Hong Kong

Luxury jeweler Tiffany & Co , which is being bought by Louis Vuitton owner LVMH , missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the United States and Hong Kong......»»

Category: topSource: reutersDec 5th, 2019

Tiffany misses estimates for profit on weak demand in Americas, Hong Kong

Luxury jeweler Tiffany & Co , which is being bought by Louis Vuitton owner LVMH , missed Wall Street expectations for quarterly profit and sales on Thursday as weak demand at home and in Hong Kong offset growth elsewhere in China......»»

Category: topSource: reutersDec 5th, 2019

The Chicago real estate market is even worse than Hong Kong"s, new data shows

Reuters/Jim Young Chicago's commercial real estate values posted the worst performance of all major cities in 2019, The Wall Street Journal reported, even falling behind protest-stricken Hong Kong. The prices of offices, retail outlets, hotels, and.....»»

Category: topSource: businessinsiderDec 3rd, 2019

China First Capital Continues Epic Crash In Hong Kong As Chairman Offloads More Shares

China First Capital Continues Epic Crash In Hong Kong As Chairman Offloads More Shares Last week we reported how China First Capital Group, an investment holding company, saw.....»»

Category: blogSource: zerohedgeDec 2nd, 2019

Abercrombie & Fitch trims forecast as Hollister, international business drag

Teen apparel retailer Abercrombie & Fitch Co trimmed its annual sales growth forecast on Tuesday, blaming political issues ranging from Brexit to Hong Kong protests for keeping customers away from its stores outside the United States......»»

Category: topSource: reutersNov 26th, 2019

Alibaba, Aramco share sale bonanza fails to produce fee windfall for banks

A late-year rush of giant global share sales led by Alibaba's $13 billion Hong Kong listing and Aramco's $26 billion initial public offering is failing to deliver an equivalent payday for equities bankers......»»

Category: topSource: reutersNov 21st, 2019

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

A late-year rush of giant global share sales led by Alibaba's $13 billion Hong Kong listing and Aramco's $26 billion initial public offering is failing to deliver an equivalent payday for equities bankers......»»

Category: topSource: reutersNov 21st, 2019

Alibaba to exercise full retail tranche in Hong Kong listing: sources

Alibaba has exercised its full retail tranche, from 2.5% to 10%, in its Hong Kong secondary listing, thanks to oversubscription, three sources with direct knowledge of the matter told Reuters......»»

Category: topSource: reutersNov 20th, 2019

Swiss Watch Exports To Hong Kong Crash Amid Social Unrest

Swiss Watch Exports To Hong Kong Crash Amid Social Unrest This morning we have some very telling data of the dire economic situation in Hong Kon.....»»

Category: blogSource: zerohedgeNov 19th, 2019