Impact of Increased Duty-Free Limit in Hong Kong on Mainland Shoppers

Monday, 1 July 2024, 10:00

The recent adjustment of the duty-free limit in Hong Kong has evoked diverse reactions among mainland shoppers. Despite the change, the leader of a retail trade body expresses skepticism regarding its potential to address the sector's challenges amid high costs. This shift in policy showcases the ongoing complexities faced by retailers and consumers in the region.
South China Morning Post
Impact of Increased Duty-Free Limit in Hong Kong on Mainland Shoppers

Impact of New Duty-Free Limit in Hong Kong

Mixed Reactions Among Mainland Shoppers

  • Complex Dynamics: The adjustment in the duty-free limit has led to varied responses.
  • Industry Skepticism: A retail trade body leader maintains reservations about the impact on declining sector.
  • Challenges Remain: High rents and wages continue to pose obstacles for retailers.

The new threshold in duty-free regulations sheds light on the ongoing struggles faced by the retail sector in the region.


Do you want to advertise here? Contact us

Related posts



Do you want to advertise here? Contact us
Do you want to advertise here? Contact us
Newsletter

We carefully select news from the world of finance and publish it for our users. We understand the importance of reliable and up-to-date information for people in the financial world. Do you want to receive news in a convenient format and always have it at hand — subscribe to our newsletter and make your analytical work more effective.

Subscribe