According to a survey conducted by Rakuten Insight in Hong Kong in November 2023, only seven percent of respondents aged below 25 years answered that they spent or planned to spend more than 3,000 Hong Kong dollars on their holiday shopping. In comparison, around 22 percent of respondents aged between 25 and 34 years old also planned on spending over 3,000 Hong Kong dollars on holiday purchases.
Most likely amount of money spent on holiday shopping in Hong Kong as of November 2023, by age group
Shopping for holiday such as Black Friday, 11.11., Christmas sales, New year's sales etc.
Original question: "How much did you spend/are you planning to spend during the holiday shopping period?"
One Hong Kong dollar equals approximately 0.13 U.S. dollars or 0.12 euros (as of December 2023).
194 respondents aged between 16 and 24 years, 997 respondents aged between 25 and 34 years, 991 respondents aged between 35 and 44 years, 398 respondents aged between 45 and 54 years, 234 respondents aged 55 years and above.
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Rakuten Insight. (December 4, 2023). Most likely amount of money spent on holiday shopping in Hong Kong as of November 2023, by age group [Graph]. In Statista. Retrieved December 25, 2024, from https://www.statista.com/statistics/1287423/hong-kong-holiday-shopping-spending-by-age/
Rakuten Insight. "Most likely amount of money spent on holiday shopping in Hong Kong as of November 2023, by age group." Chart. December 4, 2023. Statista. Accessed December 25, 2024. https://www.statista.com/statistics/1287423/hong-kong-holiday-shopping-spending-by-age/
Rakuten Insight. (2023). Most likely amount of money spent on holiday shopping in Hong Kong as of November 2023, by age group. Statista. Statista Inc.. Accessed: December 25, 2024. https://www.statista.com/statistics/1287423/hong-kong-holiday-shopping-spending-by-age/
Rakuten Insight. "Most Likely Amount of Money Spent on Holiday Shopping in Hong Kong as of November 2023, by Age Group." Statista, Statista Inc., 4 Dec 2023, https://www.statista.com/statistics/1287423/hong-kong-holiday-shopping-spending-by-age/
Rakuten Insight, Most likely amount of money spent on holiday shopping in Hong Kong as of November 2023, by age group Statista, https://www.statista.com/statistics/1287423/hong-kong-holiday-shopping-spending-by-age/ (last visited December 25, 2024)
Most likely amount of money spent on holiday shopping in Hong Kong as of November 2023, by age group [Graph], Rakuten Insight, December 4, 2023. [Online]. Available: https://www.statista.com/statistics/1287423/hong-kong-holiday-shopping-spending-by-age/
