Hongkongers’ Shenzhen shopping sprees abate, in relief for retail owners, UBS and JLL say

Hongkongers’ Shenzhen shopping sprees abate, in relief for retail owners, UBS and JLL say

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UBS revises its 2024 forecast to flat from a 5 per cent decline, while JLL sees signs of stabilisation as Shenzhen shopping craze cools.

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