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18 Nov 2022

Will shopping habits formed during Covid stay?

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The Hong Kong e-commerce market has experienced robust growth of 24% y-o-y in 1H22 during the fifth wave of Covid. But the growth rate has started to normalise to the mid-teen level from July 2022.

Click Here: "Who is best positioned to tap the growing e-commerce market?"

What does this mean for your portfolio?

The sector is likely to maintain double-digit growth in 2023-2025. We estimate the market to grow at a CAGR of 13% p.a. to reach around HK$47bn from 2021-2025.

We like these:

Leading Hong Kong e-commerce player

DBS Group Research likes leading e-commerce players with sizeable product offerings and platforms adopting an omnichannel retail approach, integrating offline and online shopping experiences.

Want to know more on our stock research ideas?

Please visit DBS Treasures website.
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