Hong Kong property developers roll out discounts, promotions at shopping centres ahead of first phase of e-voucher scheme on April 7
- Residents using their e-vouchers from April 7 to May 15 at malls owned by Sun Hung Kai Properties can get cash rebates, redeem dining coupons
- Sino Group malls will run promotions from April 7 to 20, with coupons worth HK$300 available for those who spend HK$300 in a single transaction
Hong Kong property developers have revealed various promotional schemes ahead of the distribution of consumption vouchers this week, even as the city’s leader urged residents not to rush out to spend their e-coupons.
Conglomerates such as Sino Group and Sun Hung Kai Properties rolled out promotions at their shopping centres on Sunday, shortly after Financial Secretary Paul Chan Mo-po revealed the first round of vouchers worth HK$5,000 (US$638) would be distributed to more than 6.3 million Hongkongers on April 7. The vouchers can be used until October 31.
Sino Group said the promotions would run until the end of the month but it did not elaborate on whether they would be extended beyond April.
Chief Executive Carrie Lam Cheng Yuet-ngor was asked during a press conference on Sunday whether it was contradictory for the finance chief to distribute the vouchers while residents were discouraged from gathering for activities such as grave sweeping.
“The vouchers are effective for a long time. The current anti-pandemic measures encourage residents to reduce social gathering and not to head out unless necessary, hence the vouchers should be spent in accordance with these measures,” she said.
Fifteen malls owned by Sun Hung Kai Properties (SHKP), including apm in Kwun Tong and Tai Po Mega Mall, will roll out promotions worth HK$8 million from April 7 to May 15. Residents using their e-vouchers will get a HK$100 cash rebate for every HK$500 spent, redeem up to HK$200 in dining coupons and enjoy benefits such as free parking.
