Group 1 - The recent wave of closures among retail and dining establishments in Hong Kong, including long-established restaurants, has raised societal concerns, leading to the term "closure wave" being used [1] - Despite some closures, new establishments are opening, indicating a dynamic market that requires a rational perspective on the situation [1] - The opening of a new 24-hour branch of the century-old tea house "Lin Heung Tea House" in Tsim Sha Tsui and the entry of mainland brands like "Da Rong Shu Xia" reflect confidence in the Hong Kong market [3] Group 2 - In May, Hong Kong's retail sales increased by 2.4% year-on-year, ending a 14-month decline, with both local and non-local companies reaching record numbers [3] - The expected economic growth for Hong Kong this year is between 2% and 3%, indicating a positive trend in the economy and business environment [3] - The transformation of market supply and demand, along with changing consumer patterns, is impacting traditional businesses, necessitating adaptation and innovation [4] Group 3 - The Hong Kong government has introduced measures to assist small and medium-sized enterprises (SMEs) during the transition period, including a dedicated fund for market expansion and digital upgrades [5] - The "Hong Kong Good Goods Festival" has been launched to support SMEs in developing e-commerce, with reports of significant revenue increases for participating businesses [5] - Continuous innovation and willingness to adapt are essential for businesses to thrive in the competitive market, as evidenced by successful transformations of various operators [5]