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  • August 31, 2014
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  1. Comment - Insight & Opinion

    Over-the-top crackdown on parallel traders is beneath Hong Kong

    Posted Oct 01st 2012, 12:00am by Mike Rowse

    ... Mike Rowse Mike Rowse says problems could be solved without targeting mainlanders Over-the-top crackdown on parallel traders is beneath us Am I the only person in Hong Kong who feels uncomfortable about the recent crackdown on parallel-goods traders? What is it about their activities that we as a community apparently find so offensive? As I understand it, they are buying goods ...

  2. News - Hong Kong - IMMIGRATION

    Protesters rally in Sheung Shui against cross-border parallel traders

    Posted Sep 16th 2012, 12:00am by JOYCE NG AND AMY NIP

    ... cross-border traders Fights broke out in Sheung Shui yesterday during an angry protest against cross-border parallel traders. The protest, initiated via Facebook last week, started at 2pm, with about ... they were waving. They said the numbers of parallel traders buying goods in the neighbourhood and travelling through the station had been creating a nuisance for years. Parallel traders buy goods ...

  3. News - Hong Kong - TRADE

    Multi-entry permits help thousands of parallel traders cross into HK daily

    Posted Sep 17th 2012, 03:05am by Clifford Lo, Amy Nip, Stuart Lau

    ... Clifford Lo, Amy Nip and Stuart Lau Many are Shenzhen residents carrying multi-entry permits, government sources say 3,000 parallel traders cross into HK daily More than 3,000 parallel ... emotions are running high among North District residents annoyed at the increasing numbers of parallel traders who they blame for pushing up prices of goods in the neighbourhood, blocking streets ...

  4. News - Hong Kong

    Two strikes and you're out for Shenzhen smugglers

    Posted Aug 16th 2013, 03:47pm by Patrick Boehler

    ... to Hong Kong for a year. The move is the latest attempt by Guangdong authorities to crack down on rampant parallel trading across the border. In July, Shenzhen customs upgraded its checkpoints ... are smugglers, the Guangdong paper said, citing local customs figures. Earlier this year, Hong Kong’s Secretary for Security Lai Tung-kwok told the Post that 60 per cent of all parallel-goods traders ...

  5. News - China - IMMIGRATION

    Shenzhen shoppers ready to accept limits on visits to Hong Kong

    Posted Aug 24th 2014, 05:22am by He Huifeng

    ... million have obtained such permits, of which 30,000 to 50,000 are said to be working as parallel-goods traders, who buy up goods in Hong Kong and sell them on the mainland. Hong Kong residents near the border, particularly along the railway line in North District, as well as in Tuen Mun and Yuen Long, have complained that parallel-goods trading depletes supplies, pushes up prices ...

  6. News - Hong Kong - CONSUMER AFFAIRS

    Government set to crackdown on infant formula trading

    Posted Feb 01st 2013, 12:00am by Emily Tsang, Thomas Chan, Tony Cheung

    ... to stop parallel trading activities," the source said after an interdepartmental meeting yesterday. The move to add the baby product under the Reserved Commodities Ordinance may take weeks to take effect after a proposal of amendment is submitted to the Legislative Council. But it is believed to be one of the quickest ways to ban parallel trading, where people buy stock tax-free ...

  7. News - China - COMMERCE

    Commodities trading the latest move by Shanghai to talk up free trade zone

    Posted Aug 29th 2014, 03:06am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Commodities exchanges the latest idea for city's free trade zone, and part of its plan to establish itself as a hub for international commerce Shanghai moves to capture key trade In the latest attempt to raise the profile of its Hong Kong-style free port, Shanghai has unveiled ambitious plans to create a clutch of international commodity ...

  8. Magazines - Post Magazine - SUNDAY MORNING

    Then & now: parallel universe

    Posted Mar 24th 2013, 12:00am by Jason Wordie

    ... Jason Wordie The recent furore about stocks of baby formula shows the city is still up to old tricks, writes Jason Wordie Parallel universe Parallel trading, as small-scale smuggling ... against smuggling, parallel trading is only likely to increase in the years to come.   ...

  9. News - Hong Kong - PARALLEL-GOODS TRADING

    Leung Chun-ying ready to help mainland mums buy infant formula

    Posted Apr 12th 2013, 12:00am by JOANNA CHIU AND AMY NIP

    ... on re-exported milk formula, parallel-goods trading would not be eradicated, Terence Chong Tai-leung, associate economics professor at Chinese University, said. "It's a problem with tax, ... was sympathetic to mainlanders who relied on Hong Kong's supplies of milk powder - a key target of parallel-goods traders - before new regulations last month curbed the transport of the product ...

  10. News - Hong Kong - RETAIL

    Border-town residents say traders cost them dear

    Posted Apr 17th 2013, 12:00am by Stuart Lau

    ... An overwhelming majority of border-town residents blame parallel-goods traders for driving up prices locally, according to a survey released yesterday. As many as 82 per cent said people ... The poll was conducted in February - right before the government's two-tin restrictions on infant milk powder. It has been one of the most sought-after products for parallel-goods traders due ...




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