Exclusive
Rare Private Indian Art Collection Goes up For Record Sale Rare Private Indian Art Collection Goes up For Record Sale A Country That Cannot Investigate Itself Cannot Govern Itself A Country That Cannot Investigate Itself Cannot Govern Itself Thai Princess Kept Alive Artificially For More Than Three Years Dies Thai Princess Kept Alive Artificially For More Than Three Years Dies
Current Affairs

Hong Kong watchdog monitoring potential merger of city’s top 2 supermarket chains

Hong Kong’s competition watchdog is closely monitoring a potential megadeal between the city’s two largest supermarket chains amid a continued decline in grocery sales since…

By Samantha Johnson / April 18, 2026

Hong Kong’s competition watchdog is closely monitoring a potential megadeal between the city’s two largest supermarket chains amid a continued decline in grocery sales since 2020.

The Competition Commission told the South China Morning Post that it was aware of media reports about the potential merger.

“The commission is aware of the relevant media reports and is paying close attention to the matter and any future developments,” it said.

Advertisement

Conglomerates Jardine Matheson and CK Hutchison Holdings, founded by Hong Kong’s richest man Li Ka-shing, are reportedly in negotiations to merge their respective supermarket divisions, Wellcome and ParknShop.

The talks have reportedly been under way for some time but a deal is not imminent. An internal assessment reportedly projected the combined group’s market share would be less than 50 per cent.

Advertisement

But lawmaker Bill Tang Ka-piu said the two supermarket groups operated nearly 600 stores in the city, which could account for 70 to 80 per cent of the sector.

Don't Miss: