智通财经网·2026-02-10 12:14Group 1 - The core viewpoint of the article indicates that Hong Kong's retail sector is expected to see a 2.4% growth in total sales value in 2025 compared to 2024, despite facing challenges in certain retail segments that may hinder overall market recovery [1] - The number of outbound tourists from Hong Kong is projected to increase significantly by 12.3% year-on-year in 2025, alongside the ongoing evolution of local residents' cross-border consumption patterns, which are reshaping the overall retail landscape in Hong Kong [1] - The company reported a total gross merchandise value (GMV) of HKD 84.3 billion in 2025, a slight decrease of 1.7% from HKD 85.8 billion in 2024, with HKTVmall contributing HKD 79.8 billion, down 3.5% from HKD 82.7 billion in the previous year [1] Group 2 - Despite a challenging retail environment, HKTVmall achieved a record high of 1.539 million independent customers in 2025, up from 1.519 million in 2024 [2] - The number of monthly active independent devices for HKTVmall remained stable at approximately 1.6 million in December 2025, showing no significant fluctuations even during the holiday peak season, providing a solid foundation for the company's core business [2] - This stable traffic is expected to gradually support the market adoption of various new business initiatives by the company [2]