In this round of the transformation of the Huaqiangbei shopping mall, the cross-border e-commerce industry has played an important role
Most of the merchants or e-commerce companies purchase goods from foreign duty-free shops and then re-export to Hong Kong via Hong Kong It is unknown whether some non-compliance issues will be involved. However, as the price of goods is 20% to 30% cheaper than normal trade, it has attracted a large number of mainland wholesalers. The reporter learned at the Mingtong Cosmetics Market and Manha Cosmetics Plaza that many merchants sell European, American, Japanese, and Korean goods through cross-border e-commerce from Hong Kong, Japan, and other duty-free channels to Hong Kong, and then re-exported from Hong Kong to Shenzhen.
Lower price without Chinese label
Taicheng Yipin, a very prominent cosmetics shop on the roadside of Huaqiang North Street, covers an area of about 20 to 30 square meters and sells cosmetics from Europe, America and Japan. The reporter saw that most of the cosmetics sold in the store are marked with two prices, one is the price of cross-border e-commerce, the price of goods purchased from duty-free shops in South Korea, Japan and other countries, and the price of general trade, which is due to the payment of ordinary trade. Tariffs are usually 20-30% more expensive than the former. If customers wholesale directly take cross-border e-commerce products, the price has obvious advantages, and the profits brought by it are self-evident. For example, Japan’s SKⅡ Micro Muscle Repair Essence 50ml sells for 931 yuan, while cross-border e-commerce imports only need 727 yuan, which is more than 200 yuan or 20% lower. However, the clerk Miss Wang emphasized that the products they sold were genuine.
A Hong Kong Wen Wei Po reporter saw a similar situation in the Mingtong cosmetics market. Almost all products were imported through cross-border e-commerce. Many products did not have Chinese instruction labels. These products often had lower prices and were also attractive. A clerk said that if there is a Chinese label, it is general trade, it is not the price, and the profit of the wholesaler is naturally a lot less. Mr. Deng, who specializes in European perfumes at Manha Mall, said that the Spanish and French perfumes sold were imported from Europe and re-exported through Hong Kong. Among them, Spanish Loewe perfumes cost 580 yuan for 100 ml and 430 yuan for 50 ml He said in a very affirmative tone that this price is much cheaper than the retail price in Hong Kong.
Have reservations about channel health inspection compliance
Those who operate cross-border e-commerce in Hong Kong have reservations about the import channels and health and quarantine issues of Huaqiangbei. They may not be all regular imports. It is recommended to pay attention before purchasing and using. At the same time, he also pointed out that the lack of mainland wholesalers and purchasing agents to go to Hong Kong to buy goods this year may also be related to the Mainland’s implementation of the “e-commerce law” this year. The e-commerce law requires overseas purchasing agents and micro-businesses to register and pay taxes. Therefore, he feels that if the same goods, under normal circumstances, everyone’s wholesale price should not be very different.
Although many questions remain unsolved, the loss of these businesses in Hong Kong is still a pity. According to the latest service industry statistics summary by the Hong Kong Census and Statistics Department, the retail industry closed 1,168 businesses in the third quarter of this year, and revenue decreased by HK $ 19.18 billion.