Group 1 - The core point of the article is that Hong Kong's retail sales in October increased by 6.9% year-on-year to HKD 35.2 billion, surpassing Morgan Stanley's and market expectations, driven mainly by durable goods, online sales, and the influx of visitors [1] - Online sales reached HKD 5.2 billion, showing a year-on-year growth of 27% and a month-on-month growth of 32%, with online sales accounting for a record 14.6% of total sales [1] - The positive retail sales data is beneficial for companies such as Wharf Real Estate Investment and Hysan Development, which saw stock price increases of 10% and 21% respectively over the past three months [1] Group 2 - Retail stocks like Link REIT, Hysan Development, and Wharf Real Estate Investment have high dividend yield advantages, and if retail sales continue to improve, there may be upward potential for their stock prices [1] - Morgan Stanley forecasts a 5% year-on-year growth in retail sales for November, primarily due to improved consumer confidence and promotional activities during shopping festivals [1]