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ru24.net
News in English
Апрель
2022

Hong Kong Retail Slumps as Restrictions Tighten

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RAPAPORT... Hong Kong’s hard-luxury market saw sales plunge for the first time in more than a year amid a resurgence of Covid-19 and further government restrictions to stem the spread of the virus. Revenue from jewelry, watches, clocks and valuable gifts fell 34% year on year to HKD 2.21 billion ($281.8 million) in February, the municipality’s Census and Statistics Department reported Thursday. Re...



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