The Chinese Manufacturers’ Association of Hong Kong expects a 20 percent drop in visitor numbers at its upcoming annual trade fair, the Hong Kong Economic Journal reported.
The Hong Kong Brands and Products Expo 2014, which will be held from Dec. 13 to Jan. 4, is likely to draw fewer visitors although the exhibitors’ number will remain high at over 400, the report said.
As the street occupation by pro-democracy activists may not end soon, traffic problems near the venue at Victoria Park could deter visitors and affect sales, the trade group was quoted as saying.
The expo recorded a 15 percent growth in sales last year to over HK$800 million (US$103.16 million), or an average of over HK$30 million per business day.
The organizer plans to offer double the concessions compared to last year to generate more business, but the outlook is uncertain.
Shuttle buses and luggage storage services will be in place this year to attract mainland visitors, the association’s president Irons Sze was quoted as saying.
Some exhibitors, however, remain upbeat on the sales prospects.
Among those are dried foods specialist Nam Pak Hong, which expects 10 percent business growth, and Chinese electrical appliance manufacturer Midea Group, which sees a 50 percent rise in sales.
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