• Wed
  • Oct 1, 2014
  • Updated: 4:16pm

Parallel trading

The influx of parallel traders who buy their stock tax-free in Hong Kong to resell it in mainland China at a profit is causing growing unrest. Residents of Sheung Shui, a town close to China's border, say the increase in parallel importers has pushed up retail prices and causes a general nuisance. Importers argue that their trade benefits the Hong Kong economy.

Parallel traders shrug off 15-day border crackdown

Parallel traders who buy goods in Hong Kong to illegally sell across the border in the mainland have shrugged off a 15-day government crackdown that started Tuesday, saying the move is futile.

Friday, 30 May, 2014, 9:18am 6 comments

Democratic groups propose arrival tax of up to HK$100 to curb mainland visitors

Two democratic groups have proposed slapping an arrival tax of HK$20 to HK$100 on non-Hong Kong residents who enter the city by land as a means of curbing the influx of mainland visitors.

11 Feb 2014 - 10:12am 43 comments

1,000 suspected parallel traders arrested last year

Some 1,065 mainlanders and 12 of their local employers were arrested last year for suspected parallel-goods trading activities, the Immigration Department said yesterday.

28 Jan 2014 - 6:35am

Two strikes and you're out for Shenzhen smugglers

In what could be a heavy blow to cross-border traders between Shenzhen and Hong Kong, Guangdong authorites are planning to deny travel permits to Shenzhen residents found to have been involved in smuggling. 

17 Aug 2013 - 3:43am 3 comments

New system detects 150 potential smugglers at border daily

Up to 150 people cross the checkpoints between Hong Kong and Shenzhen more than twice each day, according to a new system implemented last month by the Shenzhen customs.

1 Aug 2013 - 5:05am

Wide backing for tighter solo visitor scheme

More than half of the residents and shopkeepers in North District want the individual traveller scheme for mainlanders to be tightened, a survey commissioned by the area's district council found.

26 Jul 2013 - 4:04am

Scuffles in Sheung Shui as parallel traders return in growing numbers

The protesters first went to spots where traders often sell their goods and then to the town's MTR station, where they told traders to have their bags weighed in line with railway rules. Scuffles occurred when the protesters and traders began pushing each other.

14 Jul 2013 - 1:52pm 5 comments

Can restricting exports on milk formula prove best for Hong Kong's babies?

"There was only one tin left at home, but we could not buy another tin of the same brand for a whole week," says Snowy, the mother of a 10-month-old girl, as she recalls the scramble for milk powder she and her husband went through during the Lunar New Year holiday.

27 May 2013 - 9:04am 3 comments

Is rice the new 'milk powder' for Hong Kong/China cross-border tensions?

Buy too much rice in Hong Kong and “you could end up in jail”, Chinese media warned tourists in the wake of the Guangzhou cadmium scandal.

21 May 2013 - 6:26pm

Two men admit assaulting South China Morning Post photographer

In Fanling Court yesterday, Cheng Shing-wing and Li Hak pleaded guilty to one count each of common assault, but they denied they were parallel-goods traders. Magistrate Wong Sze-lai postponed sentencing to May 14. The two were released on bail.

1 May 2013 - 5:47am

Guidelines but no change to two-tin law

Improved guidelines will be issued to help customs officers enforce the two-tin infant milk formula limit at the border, but the government will make no more efforts to refine the legislation.

The health minister said this yesterday after the closure on Wednesday of a Legislative Council meeting that was to have scrutinised government and lawmakers' amendments to the bill.

19 Apr 2013 - 3:44am 1 comment

Border-town residents say traders cost them dear

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 who bought products in Hong Kong to sell at a premium on the mainland were pushing up the cost of necessities in their neighbourhood.

17 Apr 2013 - 3:55am

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

Chief Executive Leung Chun-ying says he is willing for the city to help meet the mainland's needs for infant formula by "re-exporting baby milk powder directly from Hong Kong to the mainland".

12 Apr 2013 - 4:29am 1 comment

More than HK$1 million worth of milk powder seized in customs raid

Customs officials have seized more than HK$1 million worth of baby milk powder in a crackdown on a warehouse used to store the product for parallel-goods trading purposes.

9 Apr 2013 - 4:35am 2 comments

10 suspected milk formula smugglers arrested

The continuing crackdown on cross-border baby formula traders has seen 10 people arrested in two days for allegedly smuggling 110 tins of milk powder, customs chiefs said.

7 Apr 2013 - 5:28am 1 comment

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