The Group’s gross rental income from retail properties in the Chinese Mainland increased by 10%, to HK$2,238 million, in the first half of 2024. Disregarding the impact arising from the incremental shareholding acquired at Taikoo Li Chengdu in February 2023 and changes in the value of the Renminbi, gross rental income increased by 2%. The chart below shows the mix of the tenants of the retail properties by the principal nature of their businesses (based on internal classifications) as a percentage of the retail area at 30th June 2024. Retail Area by Tenants’ Businesses (At 30th June 2024) 18.4% 3.3% 4.9% 44.3% Fashion and accessories Cinemas Jewellery and watches 5.5% Food and beverages Supermarkets Others 23.6% At 30th June 2024, the top ten retail tenants (based on Disregarding the impact arising from the incremental attributable gross rental income in the six months ended shareholding acquired at Taikoo Li Chengdu in February 30th June 2024) together occupied approximately 23% 2023, retail sales and gross rental income decreased by of the Group’s total attributable retail area in the 17% and increased by 1%, respectively in the first half of Chinese Mainland. 2024, reflecting disruption caused by the reconfiguration works to facilitate tenant mix upgrade. The development Gross rental income at Taikoo Li Sanlitun in Beijing was 98% let at 30th June 2024. increased by 9% in the first half of 2024, reflecting strong footfall in Taikoo Li Sanlitun South and West benefitting Retail sales and gross rental income at Taikoo Hui in from the successful upgrade of brand positioning and the Guangzhou decreased by 9% and 8%, respectively in the newly opened flagship stores, as well as the reopening of first half of 2024 as compared with the first half of 2023, Workers’ Stadium and the opening of metro line nearby. reflecting the increased outbound travel. There were To enhance the leading luxury positioning in the Beijing improvements in the tenant mix. The mall was 100% let market, structural and reconfiguration works to facilitate at 30th June 2024. the tenant mix improvement at Taikoo Li Sanlitun North are in progress. Retail sales decreased by 4% as a result. Retail sales and gross rental income at INDIGO in Beijing The development was 99% let at 30th June 2024. decreased by 4% and 3%, respectively in the first half of 2024. The mall was 97% let at 30th June 2024. 31