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.

Hong Kong justice minister considers legal action after magistrate’s claim he was threatened in ‘breast assault’ case

Rimsky Yuen said if a defendant is unhappy about a verdict, they can consider legal action such as launching an appeal. Photo: Dickson Lee

Hong Kong’s justice minister has expressed concern over a magistrate’s revelation that he had been threatened since he found a woman protester guilty of assaulting a police officer with her breast.

Friday, 31 July, 2015, 11:59am 3 comments

Hong Kong magistrate reveals he received threats before sentencing protester accused of assaulting cop with her breast

Kwong Chun-lung (left) and his girfriend Ng Lai-ying appear at Tuen Mun Court on Thursday. Ng Lai-ying was earlier convicted of assaulting a police officer with her breast. Photo: K.Y. Cheng

A magistrate who found a woman protester guilty of assaulting a police officer with her breast revealed yesterday that he had been threatened since the verdict and feared for his safety.

31 Jul 2015 - 2:21am 58 comments

Hearing-impaired pupil cleared of assaulting officer at anti-parallel trading protest

Police clash with localist groups during an anti-parallel goods trading protest in Yuen Long on March 1. A 17-year-old schoolboy accused of hitting a policeman with a restaurant door amid the chaos has been acquitted by a court. Photo: Felix Wong

A hearing-impaired secondary school pupil was cleared of pushing the door of a fast-food restaurant three times to hit a policeman amid an anti-parallel goods trading protest in Hong Kong’s New Territories.

11 Jul 2015 - 2:37am 2 comments

Too little, too late: curbs on China visitors slammed as Hong Kong parallel trading booms

Busy traders in Yuen Long yesterday.Photo: Jonathan Wong

While visitors seem relaxed about new travel curbs, local residents fear it is too little, too late and shopkeepers worry about their livelihoods.

19 Apr 2015 - 9:18am 12 comments

Shenzhen's parallel universe: action to stop street traders divides city

Shoppers hold shopping carts stand outside a pharmacy (left) and a jewelry store in the Sheung Shui  near the border with mainland China. Photo: Bloomberg

Just outside one of the border checkpoints between Shenzhen and Hong Kong, a scene is re-enacted many times each day. In the sea of people, a lone figure will bob out and scurry to one corner. 

16 Apr 2015 - 12:46pm 1 comment

Tougher penalties the only long-term solution to stop parallel traders, say concern groups

Parallel trading activities near Sheung Shui train station. Photo: Felix Wong

The crackdown on parallel traders in Sheung Shui has led to tidier streets in the border town, but concern groups say the buyers always return and the only long-term solution is harsher penalties. 

16 Apr 2015 - 2:12am 2 comments

Parallel trading syndicates issue smugglers with ‘receipts’ to evade arrest

An order in Sheung Shui bound for Shenzhen. Photo: Reuters

Syndicates behind rampant cross-border parallel trading have a new tactic to help smugglers evade arrest as the government steps up its crackdown.

16 Apr 2015 - 1:19am 15 comments

Shenzhen visa restrictions open up new job opportunities for Hongkongers

Two young male mainland traders in their 20s told the Post they might have to take on other jobs because of the changed visa rules. Photo: Dickson Lee

Stop the big, bad traders from the mainland who are choking up the border towns and crowding out local stores with their insatiable demand for baby milk formula and other goods.

17 Apr 2015 - 4:30pm 7 comments

Leung Chun-ying's visa victory may be pyrrhic

CY Leung blamed protests for delaying controls on Shenzhen tourists. Photo: K.Y. Cheng

For an unpopular leader, Leung Chun-ying has proved to be the perfect populist.

14 Apr 2015 - 1:15am 10 comments

Shenzhen cap of weekly cross-border trips greeted with caution in Hong Kong

Merchants in Shenzhen serve a customer while in the midst of laying out their goods at a makeshift store yesterday. Photo: Dickson Lee

Shenzhen's permanent residents are now limited to one visit a week to Hong Kong in an attempt to deter parallel-goods traders, but CY Leung does not expect the situation to ease overnight.

15 Apr 2015 - 11:20am 9 comments

‘I want an apology and HK$1’, says man, 73, jostled at Hong Kong anti-parallel trade protest

‘I want an apology and HK$1’, says man, 73, jostled at Hong Kong anti-parallel trade protest

A 73-year-old man who was filmed being jostled during a protest against mainland Chinese parallel traders is calling on the masked protesters to give him a written apology plus HK$1 in symbolic compensation.

14 Apr 2015 - 2:50am 7 comments

CY Leung issues parallel trading warning as new controls on Shenzhen residents launched

Parallel traders face a government crackdown. Photo: K.Y. Cheng

Chief Executive Leung Chun-ying issued a strong warning against parallel traders in Hong Kong, vowing that local and mainland Chinese authorities would step up a crackdown.

13 Apr 2015 - 4:54pm 21 comments

Shopping centre near Shenzhen ‘will go ahead’ despite curb on mainland Chinese tourists

The mall will target locals as well as mainland Chinese shoppers. Photo: K.Y. Cheng

One of the initiators of a new shopping area near the Lok Ma Chau border checkpoint, lawmaker Wong Ting-kwong, said his plan would still go ahead despite the latest restriction on Shenzhen tourists.

13 Apr 2015 - 10:48am

Slashing visits by Shenzhen residents ‘won’t end’ parallel trading problem

Parallel traders, such as these repackaging goods in Sheung Shui yesterday, will be allowed fewer visits to Hong Kong. Photo: K.Y. Cheng

Retailers and residents in districts frequented by Shenzhen visitors are bracing for an expected cutback in cross-border traffic.

15 Apr 2015 - 11:12am 45 comments

Shenzhen imposes once-a-week limit on cross-border visits to Hong Kong by permanent residents

Traders will not be able to visit Hong Kong so often. Photo; David Wong

Shenzhen's permanent residents are to be limited to just one visit a week to Hong Kong using their multiple-entry permits, a move that will slash the number of these visitors by about 30 per cent.

15 Apr 2015 - 11:41am 51 comments

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