Agenda
Hong Kong Retail Market Key Highlight
2016 Financial Results Highlight
2017 Update & Outlook
Question & Answer
2
HONG KONG RETAIL MARKET KEY HIGHLIGHT3
Consumer Confidence Index
120
110
108 110 110 111 111 111 111
111
107 106 107 106 107 105 106 106 108
105
108 107106
100
103 107 107 106 105 9999
99101
90 93 94 94 94 9697
80
98 96
97 96
99 97 98 98
88 87
95 93
70
Q1 2013
Q2 Q3 Q4 Q1
2014
Q2 Q3 Q4 Q1
2015
Q2 Q3 Q4 Q1
2016
Q2 Q3 Q4
Global Average Hong Kong China
Source: Nielsen Global Consumer Confidence Survey 4
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