Shoppers get ready to give inflation the boot
Organisers of this year's Hong Kong Brands and Products Expo expect the bargain hunters to be out in force as they try to beat inflation.
And exhibitors are expected to make some HK$600 million from the event - HK$100 million more than last year, its organiser, the Chinese Manufacturers' Association of Hong Kong, said.
The expo will run from December 10 to January 2 at Victoria Park.
Visitors to the fair are expected to stock up on gifts and food for the Lunar New Year, which falls earlier than it did this year.
With wider walkways between stalls there will be fewer booths - 880 this year, down from 900 last year.
But the association is expecting 5 to 10 per cent more visitors this year, its president-elect Irons Sze Wing-wai said. Some 2.4 million people attended the expo last year.
The fair will be divided into nine zones including food and beverages, groceries, noodles, dried seafood, beauty products, household tools, children's products and a food plaza.
Bargains will remain the focus, with three periods during which hefty discounts will be offered on certain goods. From December 10 to 16, health products and drinks will be discounted, with bird's nest drinks, nutrition tablets and herbal supplements usually priced from HK$8 to HK$48 on offer at HK$1 apiece.
From December 17 to 23 the discounts will shift to food, soup and seasoning, with sausages, olive oil, cooked abalone and noodles at HK$1. And from December 24 to 30, health-care and household products and clothing will be discounted by as much as 90 per cent.
Some 4,000 families, including low-income households, as well as single elderly people and those with disabilities will get in free. Each family will receive a HK$500 subsidy to spend on anything at the expo.
The reduction on a HK$3,630 dehumidifier during the discount period for household goods