Higher duty-free limit in Hong Kong draws lukewarm response among mainland shoppers

Quick Summary:

HONG KONG: A higher duty-free threshold in Hong Kong for mainland Chinese tourists drew a lukewarm response on Monday when it took effect, with an industry leader expressing pessimism on its effectiveness and warning of shops shutting down.

"Shopping here isn't cheaper than in Japan," Liu noted, saying that her purchase had already exceeded the 12,000 yuan threshold and would not be attractive to people looking to buy high-end luxury goods.

She said she spent about HK$1,000 (4,7000 baht) on shopping and daily necessities during each of her two recent stays in Hong Kong.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: ThailandHong KongJapanMacauOman

Topics: City Hainan Hong Shopping Duty-free Spent Yuan Mainland Kong Limit Threshold

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-02 @ 13:49:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 906 words

Reading Time: 6 minutes read

Sentences: 40 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 21460872

View Article Analysis

About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 15 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 4 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

Frequently Asked Questions