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  1. News - Hong Kong - PARALLEL-GOODS TRADING

    Shenzhen looks to stop abuse of multi-entry permit

    Posted Mar 07th 2013, 12:00am by Tony Cheung and Colleen Lee

    ... per cent from Hong Kong - were engaged in the parallel-goods trade, buying goods in Hong Kong for sale in Shenzhen shops. The Shenzhen government promised to study ways to prevent abuses ...

  2. Comment - Insight & Opinion

    Time to fix the problems of a porous border

    Posted Jan 15th 2013, 12:00am

    ... SCMP Editorial Problems of a porous border When travel convenience is abused by visitors for tax-free trading, when the country's import tax revenue is compromised, and when household goods prices and cross-border tensions surge as a result of such activities, something is clearly amiss. These problems appear to be what the mainland and Hong Kong are suffering after ...

  3. News - China

    Qianhai economic zone chief says it won't compete with Hong Kong

    Posted Jun 28th 2013, 12:00am by George Chen

    ... Shenzhen-Hong Kong Modern Service Industry Co-operation Zone. "Hong Kong is already China's largest offshore yuan trading centre. Our job is to help to make Hong Kong even more important ... amounts of yuan thanks to Beijing's active promotion of the currency's use in settling cross-border trade. Beijing wants to increase the international use of the yuan to reflect ...

  4. News - Hong Kong - PARALLEL-GOODS TRADING

    Shenzhen sets limits for frequent Hong Kong visitors

    Posted Feb 07th 2013, 12:00am by Stuart Lau

    ... here. But the parallel-goods trading has continued since last week's announcement. Some 91 cases, involving 53 mainlanders and 38 Hongkongers, have been reported by local customs officers ... on suspicion of being involved in parallel-goods trading. Cheung reiterated the department's determination to enforce the restriction once it's in place. There would be no exceptions ...

  5. News - Hong Kong - IMMIGRATION

    Plan to limit Shenzhen-Hong Kong border crossings

    Posted Dec 28th 2012, 12:00am by Amy Nip

    ... Amy Nip amy.nip@scmp.com Mainland authorities may restrict multi-trip permits for Shenzhen residents coming to Hong Kong in bid to curb parallel trading Plan to limit HK border crossings Mainland authorities may limit the number of times Shenzhen residents can cross the Hong Kong border in a day as part of efforts to clamp down on parallel trading. An anti-smuggling office ...

  6. News - Hong Kong - TRADE

    50 parallel trading cases detected in HK-Shenzhen border crackdown

    Posted Sep 17th 2012, 12:00am by Clifford Lo, Amy Nip, Kristie Wong

    ... Clifford Lo, Amy Nip and Kristie Wong 50 parallel trading cases netted in crackdown Crackdown on parallel trading detects 50 cases More than 50 suspected parallel trading cases have been ... of which 50 cases were acted upon. In the first seven months of the year, co-operation between the two forces cracked just 150 parallel trading cases. Hong Kong authorities are now looking beyond ...

  7. Artini back in trading but chief still suspended

    Posted Aug 11th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Fashion accessories supplier Artini Asia said its chairman and chief executive, Tse Chiu-kwan, remained suspended even as trading in its shares resumed yesterday. Artini closed down 0.93 per cent at 10.70 HK cents yesterday, while the Hang Seng Index fell 0.66 per cent. Shares of the company had been suspended since July 30. The company suspended ...

  8. Shenzhen port volume slides as trade weakens

    Posted Jul 12th 2012, 12:00am

    ... of the mainland's weakening trade. This is the first year-on-year decline in container throughput for the mainland's second-busiest and the world's fourth-busiest port since January and the first ... indicating trade is getting worse,' Sunny Ho Lap-kee, executive director of the Hong Kong Shippers' Council, said. Thousands of Hong Kong-owned factories in the Pearl River Delta, a region ...

  9. Medics armed for battle after claimants attack hospital

    Posted Dec 26th 2006, 12:00am by Staff Reporter

    ... Chow Chung-yan in Shenzhen Doctors and nurses at a Shenzhen hospital have been forced to wear helmets and carry personal weapons to work after the hospital was targeted by a group claiming medical compensation. Medics at Shanxia Hospital in Longgang district said they had had to arm themselves after several colleagues were attacked in recent days. Hospital management asked local ...

  10. Guangdong free-trade zone plans criticised

    Posted May 09th 2012, 12:00am

    ... five-year plan for 2011 to 2015 as testing grounds for new free-trade-zone plans, signed the agreement in Nansha on Monday. They plan on strengthening communication on industrial strategies, ... to clean up unregulated trading venues in order to prevent financial risks. The mainland has only three commodities futures exchanges- in Shanghai, Dalian and Zhengzhou- and at least 14 other ...




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