Grocer China Resources Enterprise posted a 9.6% turnover increase to HK$18.98bn (£1.5bn) at its retail division for the first half ending June 30, although profit attributable to shareholders fell 27.7% to HK$276m (£21.8m).

Managing director Chen Lang said: “We will continue to focus on our core businesses in order to solidify our industry-leading positions.”

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