Chen Maobo: Fully support the upgrade and transformation of the retail industry in Hong Kong, creating a new situation of higher quality and more dynamic development.

According to the Wisdom Financial APP, on June 10, Hong Kong Financial Secretary Paul Chan Mo-po attended the Hong Kong Retail Summit 2026 and described the situation of the Hong Kong retail industry as "rapid transformation, opportunities ahead" in his speech. Chan Mo-po stated that data shows that the Hong Kong retail industry has seen year-on-year growth for 12 consecutive months, with overall growth accelerating this year. With various major events held one after another, a continuous increase in visitor arrivals, a stable asset market, booming online sales, and active industry transformation, new dynamics have been injected into the industry. However, at the same time, multiple structural changes are emerging, bringing both challenges and new opportunities.