date:Nov 22, 2012
f CRE's retail division reached HK$20.9 billion in the third quarter, up 18.5 percent over the same period last year. The growth was mainly attributable to the opening of new stores and the contribution from the newly acquired Jiangxi Hongkelong Department Store Investment Co Ltd, according to the statement.
As the mainland's economy grew at a slower rate while the consumer confidence index retreated this year, retail industry now faces challenges and consumer goods business in the near term wi