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  • November 29, 2014
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  1. 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 ...

  2. 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 ...

  3. 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 ...

  4. Rebounding property and stocks bring back magic

    Posted Dec 31st 2004, 12:00am by Staff Reporter

    ... that had stalked it for five years. Mainland tourists filled retail shops. Property speculators were back. Even Hutchison Whampoa dared to discern a glimmer of light at the end of its 3G tunnel. For stock-market investors, it was a year of two halves. Initial worries about a hard landing for the mainland economy gave way to giddiness at the inflationary effects of a declining US dollar- ...

  5. 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 ...

  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. Uneasy money

    Posted Jan 10th 2012, 12:00am

    ... their luggage behind. The vast majority are tourists from the mainland, where corruption and money laundering are widespread. Transparency International's Corruption Perceptions Index ranks China ... customs counters to US$5,000 or an equivalent in foreign currency and 20,000 yuan (HK$24,450). But the volume of mainland tourists heading to our city is so vast- 25 million in the first 11 months ...

  8. 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 ...

  9. Lai See

    Posted Sep 01st 2005, 12:00am by Ben Kwok

    ... with Ben Kwok with Mcrevaluation, mainland tourists aren't lovin' it in hong kong Mainland tourists should be getting more bang for their renminbi in Hong Kong since ... of 96 Hong Kong cents. At McDonald's, it's worth just 90 cents. We bet mainland tourists aren't lovin' that. As one aggrieved reader with yuan to burn told us: 'It used ...

  10. Brands spend HK$36b to lift sales

    Posted Feb 01st 2012, 12:00am

    ... posted in 2009. It said a steady influx of mainland tourists in the city had boosted sales for many retailers, underpinning increased advertising spending. There were also new advertising ...




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