Nearly 400 Billion Of Retail Sales In Hongkong All Year Round.

According to Hongkong media reports, Europe and the United States

Based on the fact that Hongkong has many international brands, genuine goods, plus exchange rate factors, there is no luxury tax, though many international.

According to the data released by the Hongkong tourism board, the number of visitors to the first three quarters of this year reached 30 million 420 thousand passengers, an annual increase of 16.2%, of which 20 million 383 thousand were mainland passengers, representing an annual increase of 23.6%, accounting for 67% of the total number of visitors to Hong Kong, reflecting the importance of mainland tourists to Hongkong's tourism and retail industry.

Annual retail sales

The retail sales figures released by the census and Statistics Department also showed that the total retail sales value increased by 25.4% in the first 9 months of this year, involving a value of about 295 billion 110 million yuan, while the total sales volume increased by 19.2%.

The industry estimated that in the first three quarters of this year, the total retail sales value of this year was 400 billion yuan.

According to the main categories of stores, the number of sales of the first three months in the first 9 months of the year increased by second, accounting for second in the year, 41.7% per year, and 24 billion 604 million yuan in sales. The third increase in sales volume was jewelry, watches and clocks and precious gifts, which rose by 36.1% on a yearly basis, with a value of more than 65 billion 227 million yuan.

As a matter of fact, the mainland customers have always been very generous. The "1881" shopping mall of Tsim Sha Tsui has acquired a Beijing luxury market for more than 15 million and 4 million 500 thousand Hong Kong dollars during the "eleven Golden Week" this year.

The director of Lingnan court of Times Square Limited also pointed out that this year, a timepiece Plaza has a business volume of 24 thousand yuan and a foot for a timepiece and jewellery tenant, creating a new high record in the shopping mall. The maximum rent is 1200 yuan, reflecting the strong business of the clock and jewellery industry driven by personal travel.

Industry: supply of famous brand shops in Hong Kong is in short supply.

Feng Xiuyan, general manager of Sun Hung Kai estate rental agency, said that about 700 thousand feet of shopping malls were completed every year from 2007 to 2010, but the amount of absorption was 1 million 500 thousand feet during the same period. Only 500 thousand feet of shopping malls were completed every year from 2011 to 2014, reflecting the shortage of demand.

She said frankly that based on the poor economic conditions in Europe and America, more famous brands in Europe and America are planning to open flagship stores in Hongkong and enter the mainland of China. This is a positive boost to Hongkong shopping malls. However, because of the high demand of international brands for shopping malls, it is necessary to introduce these tenants to the market, and the shopping malls should also invest funds to improve their quality and carefully choose their neighboring tenants to successfully introduce international brand tenants.