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Hong Kong's retail sales in June rose 2.3% year-on-year, below the expected 5.8% and the previous month's 4.80%.

2026-08-04

Hong Kong's retail sales in June rose 2.3% year-on-year, below the expected 5.8% and the previous month's 4.80%.

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2026-08-04

On Tuesday, August 4th, the Shanghai Gold Exchange's gold T+D contract fell 0.06% to 881.3 yuan/gram in early trading; the Shanghai Gold Exchange's silver T+D contract rose 0.08% to 14131.0 yuan/kilogram in early trading on the same day.

On Tuesday, August 4th, the Shanghai Gold Exchange's gold T+D contract fell 0.06% to 881.3 yuan/gram in early trading; the Shanghai Gold Exchange's silver T+D contract rose 0.08% to 14131.0 yuan/kilogram in early trading on the same day.
2026-08-03

Luckin Coffee reported Q2 revenue of RMB 15.89 billion, up 28.5% YoY, and said it opened more than 5,000 stores in 1H. Q2 average monthly transacting customers were 112.7 million, up 22.9% YoY. Company-operated same-store sales fell 5.3% YoY in Q2, c

Luckin Coffee reported Q2 revenue of RMB 15.89 billion, up 28.5% YoY, and said it opened more than 5,000 stores in 1H. Q2 average monthly transacting customers were 112.7 million, up 22.9% YoY. Company-operated same-store sales fell 5.3% YoY in Q2, citing a high base from last year’s delivery promotions (same period in 2025: +13.8%). Q2 operating profit from company-operated stores was RMB 2.47 billion, up 25.9% YoY, with store operating margin roughly unchanged YoY. CEO Guo Jinyi said the China coffee market remains in a rapid growth phase with rising penetration and frequency, and Luckin will maintain its store-opening pace to expand market share.
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