Group 1 - The total estimated retail sales value in Hong Kong for September 2025 is HKD 31.3 billion, representing a year-on-year increase of 5.9%, marking the fifth consecutive month of growth [1][3] - Online sales accounted for 12.5% of total retail sales, with an estimated online sales value of HKD 3.9 billion, up 27.3% compared to the same month last year [1][3] - Sales of electrical and other unspecified durable goods increased by 31.3% year-on-year, while supermarket goods rose by 2%, and other unspecified consumer goods increased by 6.9% [1][3] Group 2 - The retail sales data for September exceeded market expectations, indicating a stabilization in the retail atmosphere in Hong Kong [3] - The Hong Kong Retail Management Association believes that upcoming events such as Christmas and the "Guangdong vehicles entering Hong Kong" arrangement will further boost retail sales [3] - A government spokesperson noted that the retail sector continues to recover, with an acceleration in growth compared to August, supported by improving local consumption and a growing tourism sector [3]