Does Hong Kong do Black Friday sales?

I'm curious to know, does Hong Kong participate in the global shopping phenomenon known as Black Friday? Are there major discounts and sales offered by retailers in the city, similar to what we see in the United States and other parts of the world? I'm interested in understanding if this shopping event has gained traction in Hong Kong and if consumers there look forward to it as a time to grab great deals. Is there a specific day when the majority of these sales take place, or does it vary from store to store?