Wharf Real Estate Investment Co Ltd

01997: XHKG (HKG)
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Wharf REIC: Retail Sales Stabilize In Line With Expectations; Shares Remain Undervalued

The Census and Statistics Department of Hong Kong reported a 2.4% year-on-year increase in May retail sales, marking the first growth after 14 consecutive months of decline. As a result, the year-on-year decline for the first five months of 2025 narrowed to 4%.

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