China's yuan policy holds out hope for HK retailers
Shoppers could return, with alternatives such as Japan and Malaysia more expensive now
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Hong Kong
HONG Kong's embattled retailers are finally getting a break.
After mainland tourist arrivals plunged last year as policymakers devalued the yuan, foreign-exchange moves may now encourage shoppers back to the city by making alternatives such as Japan and Malaysia costlier.
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