[Leica] Market Changes for Leica in Hong Kong

[Jayanand Govindaraj]

Stupid guy - should have just taken cash, and shipped it out to
Switzerland. HSBC is always there to help in all matters illegal...
Cheers
Jayanand

On Wed, Apr 8, 2015 at 9:09 AM, Richard Man <richard at richardmanphoto.com>
wrote:

> 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
> >
>
>
>
> --
> // richard <http://www.richardmanphoto.com>
> // http://facebook.com/richardmanphoto
> // https://www.facebook.com/Transformations.CosplayPortraits
>
> _______________________________________________
> Leica Users Group.
> See http://leica-users.org/mailman/listinfo/lug for more information
>