Hongkongers increase cross-border shopping splurges, spending data shows

Even as local retail spending remains resilient, Hong Kong consumers are shopping more across the border in mainland China, drawn by lower prices and wider adoption of digital payments, according to data from payment giant UnionPay International. Offline UnionPay card spending in mainland China by Hong Kong residents rose nearly 30 per cent year on year in the first half of 2026, while online and digital transactions recorded even stronger growth, data released on Thursday showed. The trend...