South China Morning Postβ€’4h agoSource

Hongkongers increase cross-border shopping splurges, spending data shows

The News

Hong Kong residents are increasingly shopping in mainland China, according to UnionPay International data showing nearly 30% year-on-year growth in offline card spending in the first half of 2026. The trend is driven by lower prices and wider adoption of digital payments, while local retail spending in Hong Kong remains resilient. Online and digital transactions have seen even stronger growth.

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The Analysis

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Why it matters

Offline UnionPay card spending by Hong Kong residents in mainland China rose nearly 30% year-on-year in H1 2026.

Evidence

Offline UnionPay card spending in mainland China by Hong Kong residents rose nearly 30% year on year in the first half of 2026.

Uncertainty

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Key findings

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Hong Kong consumers are shopping more across the border in mainland China, drawn by lower prices and wider adoption of digital payments.

South China Morning Post
Economicscore: 75
  • Offline UnionPay card spending by Hong Kong residents in mainland China rose nearly 30% year-on-year in H1 2026.
  • Online and digital transactions grew even faster than offline spending.

Plain English

Even as local retail spending remains stable, Hong Kong consumers are shopping more across the border in mainland China, attracted by lower prices and wider adoption of digital payments, according to data from payment giant UnionPay International.

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Claims

4 claims checked
0 assessed|0 inaccurate|4 unverifiable
◐ Unconfirmed
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Hong Kong consumers are shopping more across the border in mainland China, drawn by lower prices and wider adoption of digital payments.

South China Morning Post
◐ Unconfirmed
●

Offline UnionPay card spending in mainland China by Hong Kong residents rose nearly 30% year on year in the first half of 2026.

South China Morning Post
◐ Unconfirmed
●

Local retail spending remains resilient.

South China Morning Post
◐ Unconfirmed
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Online and digital transactions recorded even stronger growth than offline spending.

South China Morning Post
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