The epidemic situation in Hong Kong has stabilized, and the retail sentiment has also improved.
SHKP said that the flagship shopping mall apm was very popular during the "May 1st" long holiday, the retail heat wave continued, and the number of people in the shopping mall remained high, while the restaurant and electrical appliances industry saw a 10% month-on-month increase.
Feng Xiuyan, acting executive director of Sun Hung Kai Properties, said that after the four-day Easter holiday, the epidemic has not rebounded, making people feel more at ease when going out. Coupled with the weather factor, citizens have turned to stay in shopping malls for entertainment, and the flagship mall Kwun Tong apm will be crowded during the May Day holiday.
She also said that the recovery of restaurants is one of the major driving forces. Observe that the new vaccine pass measures have not deterred diners, not only restaurants have long queues for dine-in meals, but also fast food and light food such as themed desserts, namely Taiwanese milk tea, croissants etc., are very popular among young customers and family customers, reflecting the increase of public consumption confidence.
Coupled with the sudden drop in temperature, the hot pot restaurant frequently receives reservations, and the flow of people and business has increased by 20%.
With Mother's Day approaching, many citizens are also busy shopping for gifts. The number of electrical tenants continued to be booming in April, and trendy small household appliances became the first choice for Mother's Day gifts, followed by accessories brands that were promoted on Mother's Day.
To sum up, during the May Day holiday, the flow of people in the catering and electrical appliances industry increased by at least 10% compared with last weekend.
During the May Day holiday, restaurants and electrical appliances in apm shopping malls saw a 10% increase.
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