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  • October 23, 2014
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  1. Local brokers train sights on Japanese tourists

    Posted Jul 17th 2009, 12:00am by Enoch Yiu

    ... traded for Japanese based in Hong Kong, many local brokers are now gearing up to target the Japanese tourist market, hoping for the same high reward they have received from stock-hungry mainland tourists. Large numbers of mainland tourists have opened stock-trading accounts while visiting Hong Kong over the past few years. They then trade over the internet when they return home. Hong Kong ...

  2. Diving market fails to deter investment tourists

    Posted Nov 22nd 2007, 12:00am by Staff Reporter

    ... Choi Chi-yuk It was hardly the most auspicious day for the launch of China Travel Service's 'fortune increasing tours' for would-be mainland investors in Hong Kong ... Square, home to the city's stock exchange. Mr Luo, a Shenzhen resident, said he had already amassed nearly one million yuan over the past 2? years from buying mainland A shares with a stake ...

  3. GST a turn-off for tourists, say travel experts

    Posted Jul 17th 2006, 12:00am by Agnes Lam

    ... to arrange refunds for tourists. Joseph Tung Yao-chung, Travel Industry Council executive director, said it was not feasible for tourists, especially mainland visitors, 'to queue for tax rebates at the border or airport for two or three hours'. Mr Tung said it would also be impractical to refund tourists at shops. 'Could you imagine hundreds of mainland visitors surrounding a shop ...

  4. Tourist refund on $1,500 spending seen as too high

    Posted Jul 19th 2006, 12:00am by Dennis Eng

    ... Dennis Eng Overseas tourists will have to spend at least $1,500 at the same retailer or operator to get back the goods and services tax, the government proposes. Hong Kong holidaymakers ... Financial Secretary Henry Tang Ying-yen claimed the tax would not affect overall tourist spending. 'The point is that tourists should be able to receive a refund,' he said, adding ...

  5. Mainland visitor surge little boost for equities

    Posted Sep 17th 2003, 12:00am by David Robinson

    ... Analysts say there is no evidence to suggest that rich Chinese tourists will benefit the property sector The easing of mainland restrictions for individual travellers has driven Hong Kong ... analysts said few sectors would benefit significantly from the mainland tourist boom - and property was not one of them. A recent CLSA study said: 'Contrary to popular perception, mainland ...

  6. Mainland's richest see glitter that's not gold

    Posted May 07th 2012, 12:00am

    ... Even in Hong Kong and Macau, mainland tourists constituted the largest single group for jewellery retail sales, with more than 49 per cent of sales settled through China UnionPay or in cash ... Lulu Chen Lulu.chen@scmp.com Last week, 75 mainland couples and families were invited on a three-day, two-night, all-expenses-paid trip, touring on harbour cruises, visiting personal ...

  7. Cut in China's import tax could boost retail

    Posted Sep 03rd 2011, 12:00am

    ... John Brennan Over the past several years, Hong Kong's economy has received a huge boost from the ever-growing numbers of mainland tourists splashing cash in the city's high-end ... China's National Tourism Administration shows mainlanders chalked up about 54 million overseas trips in 2010. During their jaunts, they spent a total of US$48 billion, with shopping accounting ...

  8. Pilot scheme should be seen as long-term boost

    Posted Aug 21st 2007, 12:00am by Staff Reporter

    ... of the Hong Kong exchange and be more willing to invest. Also, the relative lack of volatility on the mainland markets cannot be guaranteed in the long term. Just as the number of mainland tourists ... After a week of stock market turmoil, Hong Kong investors deserved some good news, and it came yesterday courtesy of the mainland's currency regulator. The announcement ...

  9. Sir Gordon hopes investments on mainland will pay off for HK

    Posted Nov 27th 2008, 12:00am by Gary Cheung

    ... Gary Cheung Sir Gordon Wu Ying-sheung was one of the first Hong Kong tycoons to make his business mark on the mainland in the last three decades, and he was there at the beginning when Beijing embarked on its early tentative steps at opening up and reform. Sir Gordon is part of a select group of businesspeople who invested heavily on the mainland when its biggest resource ...

  10. Sales lack real sparkle, but optimism stays

    Posted Feb 07th 2012, 12:00am

    ... sales with it. A similar consolidated retail figure is not available for Hong Kong. But jewellery sales- a sector that reflects mainland tourists' spending, failed to shine during ... Securities, the less-than-sterling performance of jewellers during the holidays had more to do with the changing shopping patterns of mainland tourists, cold weather and a longer-than-usual holiday ...




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