Hong Kong’s unexpectedly robust retail sales in August were bolstered by a surge in tourism and a strong local stock market but recovery remains uneven, with businesses of popular consumer goods preparing for potential price wars driven by the lower cost of living across the border. Government figures released on Thursday showed retail sales grew by 3.8 per cent year on year, marking a fourth straight month of growth. It followed 14 consecutive months of decline from March 2024 to April 2025 and...