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Coupon kick-start for the economy

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Celine Sun

Hong Kong tourism promoters plan to hand out 2,000 sets of shopping coupons across the border to attract tourists and stimulate spending in the city.

The first batch of 500 Shenzhen residents received discount coupons yesterday, a week ahead of the three-day May Day holiday on the mainland.

Each will enjoy up to HK$2,300 in discounts provided by 32 shops across the city, including jeweller Chow Tai Fook, cosmetics retailer Sasa, shopping centre chain Wing On and pharmacy chain Mannings. The discounts range from HK$1 to HK$500.

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Describing it as an 'unprecedented measure', lawmaker Vincent Fang Kang, who represents the wholesale and retail sector and is also convenor of the Joint Coalition Against Financial Tsunami, said the coupons could 'save a lot of money for shoppers'.

Tying in with the theme of Mother's Day next month, the coupons, which are to be distributed this month and next, will focus on goods targeted at women, such as clothes, jewellery, cosmetics, health food and electronic appliances.

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The coalition will also hand out 8,000 sets of coupons to Hongkongers from Thursday through shops that have joined the promotion.

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