DAH Chong Hong (DCH) is to open its first foodmart or mini-supermarket in Shenzhen at the end of this month marking its entry into the mainland retail market.
Mr Chu Hon-fai, DCH director, said the foodmart will be the first of many similar joint ventures in China.
''When people talk about supermarkets in Hongkong they naturally think about the big two,'' Mr Chu said.
''They don't realise there are others. Part of the problem has been of our own making because, up until now, we have tended to keep a low profile.'' Indeed, one has to look carefully to find a DCH Foodmart but they are there - 50 in fact specialising in quality foods. This year the company plans to open another 10 stores in the territory coupled with an aggressive expansion campaign in China.
Formed in 1946, DCH, which was taken over by CITIC Pacific last year, is one of Hongkong's oldest and largest trading companies.
The foodmarts now account for some 25 per cent of DCH's provisions department's total turnover.