Hong Kong expo vendors expect 20% sales boost

Vendors at the Hong Kong Brands and Products Expo anticipate up to a 20% sales increase from last year, thanks to larger crowds and favorable weather. The 59th edition of the event, organized by the Chinese Manufacturers’ Association of Hong Kong, opened at Victoria Park in Causeway Bay and runs for 24 days until January 5. Financial Secretary Paul Chan Mo-po was among the first visitors, browsing and purchasing various items.

The Hong Kong Brands and Products Expo, one of the city's largest annual bazaars, kicked off its 59th edition on Saturday at Victoria Park in Causeway Bay, running for 24 days until January 5. Organized by the Chinese Manufacturers’ Association of Hong Kong, the fair features more than 900 booths offering food, home appliances, beauty, and health products at significant discounts. Some exhibitors are introducing modern twists on traditional items to draw in shoppers.

Financial Secretary Paul Chan Mo-po was among the early visitors, stopping by stalls selling supplements, candles, and coffee, while tasting noodles, sea cucumber, and dim sum. Vendors are optimistic, projecting sales to rise by up to 20% compared to last year, attributed to higher attendance and good weather.

“We brought 20 per cent more stock with us this year,” said Lisa Lau, managing director of Ah Yat Abalone Princess, known for its HK$1 (13 US cents) deal on a bag of abalone products worth HK$460 for the first 20 orders. “We used to do this offer only on the first day of the fair, but we’re doing it for eight days this year in response to the organiser’s call, in the hope of helping spread some joy after what had happened in Tai Po,” she added, referring to the deadly fire that killed at least 160 people last month.

The expo highlights Hong Kong brands and aims to boost consumer spending through promotions and innovations.

Relaterte artikler

Vibrant CIIE expo scene with Zespri and Canadian firms networking, showcasing revenue growth and China-tailored innovations.
Bilde generert av AI

CIIE drives global firms' expansion in China

Rapportert av AI Bilde generert av AI

As the 8th China International Import Expo approaches, companies worldwide highlight its key role in expanding into the Chinese market. From New Zealand's Zespri to Canada's health brands, participants report doubled revenues and innovations tailored to Chinese consumers.

Locally designed Hong Kong-themed merchandise, including curry fishball plushies, drew crowds at Victoria Park's Lunar New Year fair. One vendor reported daily sales exceeding HK$100,000 amid tens of thousands of visitors.

Rapportert av AI

Hong Kong welcomed 10% more visitors during the Christmas period than in 2024, while residents took nearly 1.7 million outbound trips, up 22% from last year. Despite the influx of tourists, merchants warn that the absence of New Year's fireworks could deter visitors and hurt the retail sector. Consumer sentiment has been dampened by last month's deadly Tai Po fire, which killed 161 people.

Hundreds of Hong Kong shoppers flocked to the Fortnum & Mason outlet in Tsim Sha Tsui on Saturday for bargains ahead of its January 26 closure. The British department store announced the shutdown on Friday, drawing crowds in search of discounted luxury goods like teas and biscuits. Shopper Alvin Chan described the queue as orderly despite the two-hour wait.

Rapportert av AI

Overseas galleries at Hong Kong's Art Central are considering keeping their artworks in the city for months after the fair due to soaring shipping costs from the US-Israeli war on Iran. Fuel surcharges have risen by as much as four times, gallerists told the South China Morning Post. The fair opens at Central Harbourfront on Wednesday and runs until Sunday.

The Hong Kong Palace Museum has announced that its current exhibition of ancient Egyptian artifacts will be its most profitable show since opening three years ago. Director Louis Ng Chi-wa revealed that 76,000 visitors attended in the first four weeks, with expectations of 700,000 over the nine-month run.

Rapportert av AI

The Trademark Market exhibition, featuring hundreds of local UMKM brands, is back at Hotel Trans Luxury Bandung for two weeks. The event has been extended from four days to eight to handle the surge of 70,000 visitors from last year. Bank Mandiri supports it as the official banking partner to bolster the retail and UMKM sectors.

 

 

 

Dette nettstedet bruker informasjonskapsler

Vi bruker informasjonskapsler for analyse for å forbedre nettstedet vårt. Les vår personvernerklæring for mer informasjon.
Avvis