Archived posting to the Leica Users Group, 2015/04/07

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Subject: [Leica] Market Changes for Leica in Hong Kong
From: cummer at netvigator.com (H&ECummer)
Date: Wed, 8 Apr 2015 11:27:07 +0800
References: <mailman.7116.1428449852.1819.lug@leica-users.org>
 
Hi Luggers,
Kinefoto on Stanley Street, Central, has closed after many, many years at 
the same address. The owner, Mr. Yuen, is retired in the US and the family 
decided it wasn?t worth going on as business has been going down hill. Also 
the Leica Flagship Store, 3rd Floor Star House in Tsim Sha Tsui, is in the 
process of closing. Apparently the crackdown on illegal activity in China 
has had an impact on buying Leicas as gifts for Chinese officials. Denny 
Cheung at Shogun confirms that is his experience as well.
Yet, the used market in Leica equipment seems to be booming and prices 
remain firm. Better prices in New York as I comparison shop.
Interesting times in Hong Kong for Leica users.
Howard
Replies: Reply from richard at richardmanphoto.com (Richard Man) ([Leica] Market Changes for Leica in Hong Kong)