logo
Book fair vendors expect drop in sales after typhoon

Book fair vendors expect drop in sales after typhoon

RTHK21-07-2025
Book fair vendors expect drop in sales after typhoon
Organisers extended the opening hours of the book fair on Monday, from 9am to 11pm. Photo: RTHK
Book fair exhibitors say sales will be affected after Typhoon Wipha hit Hong Kong on Sunday, despite organisers extending opening hours on Monday.
The fair at the Convention and Exhibition Centre was closed on Sunday due to the typhoon, but it opened earlier than usual on Monday with closing time pushed back to 11pm.
The Hong Kong Sports and Leisure Expo and World of Snacks, which take place alongside the book fair, also started earlier at 9am, and extended opening hours to 10pm.
A publisher surnamed Ng told RTHK that Monday's extra opening hours would not make up for Sunday's closure.
'Without Sunday, I think it'd be definitely a bit affected so we hope to keep the same flow these two days,' she said.
Ng said her company is going to offer more discounts to attract customers.
A publisher surnamed Lam said this year's sales would drop by at least 10 percent.
'Our business will be affected for almost one day sales volume, but because we are looking forward today and tomorrow, so until now we cannot predict how much of a loss this year, but I think at least 10 percent,' she said.
Lam said extending the opening hours helps, as some people can visit the fair after work.
A visitor surnamed Cheng said extending the opening hours would benefit both publishers and customers.
'Definitely, because I think a lot of businesses lose the business opportunities yesterday and I think it's better for them to have that kind of compensation and also better for us as consumers to have extended hours,' she said.
Another visitor, surnamed Wong, said she believed the arrangement would not be much help to exhibitors.
'Honestly, I'm not sure if this is helpful because it's a Monday, right? And people work, so I'm not sure if it would make a big change,' she said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

HK brands achieve high scores on the mainland: TDC
HK brands achieve high scores on the mainland: TDC

RTHK

time6 hours ago

  • RTHK

HK brands achieve high scores on the mainland: TDC

HK brands achieve high scores on the mainland: TDC Trade Development Council principal economist Wing Chu, right, says Hong Kong companies have the upper hand when tapping into the mainland market. Photo: RTHK The Trade Development Council (TDC) said on Thursday Hong Kong brands and products could make use of various online platforms to expand their business on the mainland. The TDC said the "Hong Kong Brand" is popular north of the border after it surveyed about 2,200 mainland consumers in the middle-income bracket or above during the second and third quarter last year. Around 78 percent of respondents gave products from the SAR an average score of 8.7 out of 10. It said high-end products such as electronics, luxury items and clothes were most sought after by mainland consumers, and they were most willing to pay for children's products, goods for pets, food, and pharmaceuticals. The TDC's principal economist Wing Chu said this was due to the reputation of the city's retail sector, which is known for its authenticity and high quality. 'Our position is at the mid- to high-end segment. In the mainland, the most important thing in this market is that the consumers pay attention to the product, whether it is genuine or not,' he said. 'For Hong Kong companies, they have the upper hand when tapping into this market because the Hong Kong name has a high recognition on the mainland,' he added. Chu suggested local sellers should pay attention to different online platforms when promoting their goods, as mainland buyers often seek comments and product information through social media, but place orders through e-commerce platforms instead.

HK brands achieve high scores on the mainland: TDC
HK brands achieve high scores on the mainland: TDC

RTHK

time6 hours ago

  • RTHK

HK brands achieve high scores on the mainland: TDC

HK brands achieve high scores on the mainland: TDC Trade Development Council principal economist Wing Chu, right, says Hong Kong companies have the upper hand when tapping into the mainland market. Photo: RTHK The Trade Development Council (TDC) said on Thursday Hong Kong brands and products could make use of various online platforms to expand their business on the mainland. The TDC said the "Hong Kong Brand" is popular north of the border after it surveyed about 2,200 mainland consumers in the middle-income bracket or above during the second and third quarter last year. Around 78 percent of respondents gave products from the SAR an average score of 8.7 out of 10. It said high-end products such as electronics, luxury items and clothes were most sought after by mainland consumers, and they were most willing to pay for children's products, goods for pets, food, and pharmaceuticals. The TDC's principal economist Wing Chu said this was due to the reputation of the city's retail sector, which is known for its authenticity and high quality. 'Our position is at the mid- to high-end segment. In the mainland, the most important thing in this market is that the consumers pay attention to the product, whether it is genuine or not,' he said. 'For Hong Kong companies, they have the upper hand when tapping into this market because the Hong Kong name has a high recognition on the mainland,' he added. Chu suggested local sellers should pay attention to different online platforms when promoting their goods, as mainland buyers often seek comments and product information through social media, but place orders through e-commerce platforms instead.

HK stocks close higher despite tariff concerns
HK stocks close higher despite tariff concerns

RTHK

time7 hours ago

  • RTHK

HK stocks close higher despite tariff concerns

HK stocks close higher despite tariff concerns The Hang Seng Index ended the day up 171 points, or 0.69 percent, at 25,081. File photo: RTHK Mainland stocks rose for a fourth straight day to close at a fresh three-and-a-half-year high on Thursday, as upbeat export data added fuel to the recent market rally despite renewed US tariff threats. In Hong Kong, the benchmark Hang Seng Index ended the day up 171 points, or 0.69 percent, at 25,081. The Hang Seng China Enterprises Index climbed 0.55 percent to end at 8,981 while the Hang Seng Tech Index jumped 0.26 percent to close at 5,546. New World Development surged up to 20 percent before finishing 10 percent higher at HK$7.14, on a report of talks that could potentially take it private. In response, New World said in a filing late in the trading session that it had not been approached by any person, including the controlling shareholder and Blackstone, in relation to any offer for its shares. On the mainland, the benchmark Shanghai Composite Index ended up 0.16 percent at 3,639 while the Shenzhen Component Index closed 0.18 percent lower at 11,157. The combined turnover of these two indices was 1.83 trillion yuan, up from 1.73 trillion yuan on Wednesday. Shares related to the logistics and semi-conductor industries led gains while stocks related to the insurance, innovative medicine and photovoltaic sectors suffered major losses. The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 0.68 percent to close at 2,342. The mixed performances came as China's exports beat forecasts in July with outbound shipments up 7.2 percent year on year, customs data showed, as manufacturers made the most of a tariff truce with the United States. Markets largely looked past US President Donald Trump's comments on Wednesday that he could announce further tariffs on China similar to the additional 25 percent duty imposed on imports of Indian goods over its Russian oil purchases, depending on what happens. Investors remain focused on an August 12 deadline to see if Beijing and Washington will reach a durable tariff agreement. "The upward trend is still intact," analysts at Pacific Securities said in a note, adding markets remain optimistic about US-China trade talks while technical indicators continue to show bullish momentum. (Reuters/Xinhua)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store