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Hong Kong Brands and Products Expo attracts less mainland money

While cross-border visitor numbers fell, the registers still rang to the tune of HK$800m

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Shoppers hunt for last-minute bargains on the closing day of the Hong Kong Brands and Products Expo in Victoria Park. Photo: Nora Tam

Some exhibitors at the annual Hong Kong Brands and Products Expo Fair said they saw a drop in the number of mainland tourists for the first time this year, although overall sales increased to notch up record takings as the 24-day event ended yesterday.

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The Chinese Manufacturers' Association of Hong Kong, organiser of the expo held in Victoria Park, Causeway Bay, said gross sales increased 15 per cent year-on-year to a record HK$800 million.

Stallholder Mr Wong said sales of his dried seafood, including expensive fish maw, were 10 per cent to 20 per cent higher than last year. "Our business is quite good, though it was affected by rainy weather on the first few days of the expo," he said.

But he added that there was a significant drop in mainland tourists. "Last year, mainlanders made up 10 per cent of our sales, but the figure dropped to about one per cent this year."

Dicky Leung Wai-leung, sales and marketing manager of outdoor clothing brand Eikowada, said there were clearly fewer mainland visitors this year, but sales at his stall were up 20 per cent.

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"Our customers are more willing to spend. Each of them spent about HK$500 to HK$600."

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