Book Fair Vendors Brace For Weaker Sales
"); jQuery("#212 h3").html("

"); });
2022-07-19 HKT 20:25
Book fair exhibitors said on Tuesday they expect business to suffer this year, saying sales are likely to be affected by factors like pandemic restrictions and a delayed summer break.
The annual event, which this year is themed on history and city literature, opens its doors at the Hong Kong Convention and Exhibition Centre on Wednesday and runs until next Tuesday.
It will take place alongside two other major fairs – the Hong Kong Sports and Leisure Expo and World of Snacks – with more than 700 exhibitors taking part.
A publisher surnamed Au from Cosmos Books said she expects a 10 percent drop in sales because of the pandemic restrictions in place.
“I expect this year the business is just okay. Because of the pandemic, the number of people must be decreased. We hope at least our business will remain unchanged. Not many people will be willing to come to this book fair, at least parents will not bring their children to come, they will be hesitant to come,” she said.
Another vendor, surnamed Chow, echoed her view. She said there will be fewer visitors this year, such as students and overseas visitors.
“We expect the sales will be lower than last year. And some students are still in school. Most of our titles are in English. We expect there’ll be fewer overseas visitors coming here, and also [fewer] mainland readers as well.”
But speaking to a media briefing ahead of the fair’s opening, HKTDC’s Deputy Executive Director Sophia Chong said she is upbeat about this year's visitors figures with the opening of the Exhibition Centre MTR station.
Circle CEO Says China Could Launch Yuan Stablecoin In 3 To 5 Years As Trade Grows
Circle CEO Jeremy Allaire predicts that China could roll out a yuan stablecoin within three to five years to expand the... Read more
Naver IPO Timeline Set As Dunamu Merger Targets Nasdaq Debut
Preparations for a Naver IPO are underway following an agreement between Naver Financial and cryptocurrency exchange op... Read more
TransUnion Urges Lenders To Rethink Credit Risk For Gig Workers In Hong Kong
TransUnion is urging lenders to update their risk assessment models, revealing that gig workers in Hong Kong exhibit st... Read more
Citi And Endowus Roll Out HK$4,000 Wealth-Linked Credit Card Campaign
Citi and digital wealth platform Endowus have launched a joint credit card promotion in Hong Kong, expanding the Citi E... Read more
Aspire Secures SFC License In Hong Kong To Launch SME Yield Product
Singapore-headquartered fintech Aspire has secured three financial licenses from the Securities and Futures Commission ... Read more
Why Stablecoins May Become The Backbone Of 24/7 Global Trade
Stablecoin transaction volumes surged 72% in 2025, reaching a record US$33 trillion and signalling growing institutiona... Read more
