[Leica] Market Changes for Leica in Hong Kong

[Richard Man]

Howard, have you seen this article?
http://petapixel.com/2015/03/24/chinese-official-busted-for-corruption-related-to-his-love-for-photography/

I would love to rampage through his garbage can :-)

On Tue, Apr 7, 2015 at 8:27 PM, H&ECummer <cummer at netvigator.com> wrote:

> 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
>
> _______________________________________________
> Leica Users Group.
> See http://leica-users.org/mailman/listinfo/lug for more information
>



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