Parallel trading | South China Morning Post
  • Mon
  • Mar 30, 2015
  • Updated: 9:29pm

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.

Civic Party lawmaker accused by CY Leung of leading anti-mainlander protests

Members of Beijing loyalist group Defend Hong Kong Campaign stage a counter-rally in Sheung Shui against anti-parallel-goods traders yesterday. Photo: Felix Wong

Civic Party lawmaker Claudia Mo Man-ching was privately named by Chief Executive Leung Chun-ying as the alleged leader of protests against the influx of mainland tourists.

Monday, 23 March, 2015, 8:37am 14 comments

Review two-tin limit on formula

Review two-tin limit on formula

There can be little doubt about enforcement of the so-called milk ban introduced two years ago. The figures for arrests, court fines and seizures of infant milk formula attest to that.

23 Mar 2015 - 11:25am 2 comments

Hong Kong police told to 'be stricter over public gatherings of at least three people'

A protester argues with the police during a demonstration against the parallel traders in Yuen Long.  Photo: Reuters

All police officers are to enforce laws governing public order "more strictly" to prevent any "suspicious" gathering of at least three people from turning into a protest, according to a new guideline.

20 Mar 2015 - 4:41pm 57 comments

Guangdong to limit cross-border visits to curb Hong Kong parallel goods trade

Tensions are rising in Hong Kong over the impact of mainland tourists and parallel goods traders. Photo: K.Y. Cheng

Mainland Chinese authorities plan to limit daily cross-border visits by multiple-entry permit holders under the individual visit scheme in a bid to curb parallel goods trading in Hong Kong, a pro-Beijing newspaper said.

20 Mar 2015 - 2:19am 11 comments

Students' video takes satirical look at Sheung Shui trader influx problem

One Letter Horse members (from left) Jonathan Ho Chi-yan, Angus Kwok Hei and Chan Ka-ming discuss their tongue-in-cheek video about traders in Sheung Shui. Photo: K.Y. Cheng

Shopping around busy Sheung Shui, you can see stores well-stocked with "special delicacies" such as milk powder and Ferrero Rocher chocolates as well as "the latest fashion" - diapers.

18 Mar 2015 - 10:06am 5 comments

Hong Kong anti-parallel trading activists plan fresh New Territories rally

Scenes like this may be seen again in Sheung Shui on Sunday. Photo: David Wong

Yet another protest against mainland shoppers and parallel traders is planned for Sunday, as cross-border tensions show no sign of easing.

18 Mar 2015 - 5:39am 8 comments

Shades of Ku Klux Klan in stir against parallel traders

Police arrest a protester during a rally against parallel trading outside the Tuen Mun West Railway MTR station. Photo: Felix Wong

Parallel trading has created inconveniences for a large number of Hong Kong residents. The blame has been placed on mainland visitors. However, they are not the only ones moving goods across the land border between Hong Kong and Shenzhen.

17 Mar 2015 - 12:48pm 13 comments

Shopping mall over the border won't ease strain on Hong Kong

A business delegation from the mainland wear sashes declaring they are not in Hong Kong to shop as they head through Chek Lap Kok airport, according to a post on the Weibo microblog portal. Photo: SCMP Pictures

Plans for Shenzhen's special economic zone of Qianhai to set up a tariff-free shopping mall to relieve Hong Kong of some of its mainland day-trippers were met with doubts on Monday.

17 Mar 2015 - 3:12am 39 comments

Hong Kong anti-parallel trading protesters stay away from Government House open day

People Power chairwoman Erica Yuen Mi-ming protests as she is led away by police from Government House during yesterday's open day. Photo: Felix Wong

Protesters who threatened to stage a demonstration against parallel traders at the Government House open day stayed away as a heavy police presence kept the event largely peaceful.

16 Mar 2015 - 6:01pm 6 comments

Hongkongers should focus on city's role in mainland's development, not parallel trading

Leung Chun-ying was not invited to Beijing to talk about the multiple-entry issue; of greater importance were preparations for the Shenzhen-Hong Kong stock connect later this year and Hong Kong's role in the 13th five-year plan.

It appeared to be an anti-climax when Chief Executive Leung Chun-ying told reporters earlier this month that problems caused by the controversial multiple-entry scheme for Shenzhen residents could not be solved quickly.

16 Mar 2015 - 5:49am 7 comments

Unruly protesters targeting parallel traders can't be allowed to break the law

Protesters restrain a man (center) who allegedly beat other fellow protesters during a demonstration against mainland traders at Yuen Long. Photo: Reuters

The protests against parallel-goods traders last Sunday can only be condemned in the strongest terms. In yet another day of clashes, the activists crossed the line by targeting shoppers, cross-border buses and passers-by with suitcases and trolleys. 

13 Mar 2015 - 8:24am 11 comments

Beijing pledges to adjust entry rules to Hong Kong after mainland tourist ‘saturation’

Crowds of cross-border traders at the centre of controversy are seen in Tuen Mun on Tuesday. Photo: K. Y. Cheng

As increasingly violent protests continue, China says it will soon alter the individual traveller scheme

12 Mar 2015 - 2:28am 22 comments

Hong Kong protesters admit some went too far at rally against cross-border traders

Hong Kong protesters admit some went too far at rally against cross-border traders

Some of those who joined Sunday's protest against cross-border traders lost their cool and went too far, other participants in the demonstration admit.

11 Mar 2015 - 5:46pm

Don't force us to choose sides on mainland shoppers

Police arrest a protester.

Whose side are you on - the protesters who turned violent against mainland shoppers on Sunday, or the shoppers who were verbally abused and had their wheeled suitcases kicked by the protesters?

11 Mar 2015 - 4:57am 17 comments

‘Radical’ anti-parallel trade protesters hurting Hong Kong’s image and damaging business, retailers say

Unionists hand in a petition to Wan Chai police headquarters calling for protection of shop workers and tourists following anti-parallel trading protests that turned violent. Photo: Felix Wong

Retailers are finding it increasingly hard to make a living as “radical” anti-parallel trading protesters tarnish Hong Kong’s image as a tourist destination, union leaders said.

11 Mar 2015 - 5:09am 14 comments