Thousands Take To The Streets In Sheung Shui
"); jQuery("#212 h3").html("

"); });
2019-07-13 HKT 15:23
Many shops have closed, and hundreds of police officers are on standby as protesters begin a march to “recover Sheung Shui” from parallel traders.
The protest organiser, the North District Parallel Imports Concern Group, said thousands of people are expected to take part in Saturday's demonstration, given the momentum against the government’s handling of the controversial extradition bill, which has triggered mass protests and clashes between demonstrators and police in the past month.
Its spokesman, Ronald Leung, accused the government and the local district council, which is dominated by pro-establishment councillors, of turning a blind eye to rampant tax evasion by parallel traders, who reap huge profits by selling their duty-free stocks bought in Hong Kong on the mainland.
Leung added their activities had negatively affected the district’s retail mix, pushed up rents, and worsened hygiene conditions.
One of the protesters, Sheung Shui resident Mr Cheung, also expressed his discontent with the administration.
“The parallel trade problem has been around the Sheung Shui area, and affecting our daily lives for a couple of years already and it seems to us that the government has no clue as to how to solve the problem. We pay for their salaries as tax payers but they fail to do anything, nor do we see any sincerity in trying to solve the problem. So we need to voice out”, he said.
The protesters marched through several streets, where dozens of drug stores and cosmetic shops catering for mainland tourists and parallel traders are located.
Chanting slogans like "kick the parallel traders out", "district councillors are useless", and "enforce the law", their demands include scrapping a one-visit-per-week policy for Shenzhen residents; blacklisting parallel traders; strengthening law enforcement against the occupation of street space; and improving the area’s hygiene.
Localist Ventus Lau, who organised a large-scale protest in Kowloon last Sunday, also attended the Sheung Shui rally. He urged protesters to express themselves in a peaceful manner.
“I think right now the protesters are mainly peaceful and I believe if no one irritates the protesters, it will be conducted in a peaceful way. But I am just quite worried that some people may attack us or irritate our emotions”, Lau said.
______________________________
Last updated: 2019-07-13 HKT 16:30
Jean-Louis Tse Appointed CEO Of FinTech Association Of Hong Kong
The FinTech Association of Hong Kong (FTAHK) has appointed Jean-Louis Tse as its new CEO. Jean-Louis brings over 20 yea... Read more
XTransfer To Present Compliance And SME Solutions At Hong Kong Fintech Week
XTransfer will participate in Hong Kong Fintech Week 2025 as the event’s Official Fintech Partner. This marks the sec... Read more
Hang Seng E-HKD Pilots Reveal Gains In SME Cash Flow And Efficiency
Hang Seng Bank has completed two use cases in Phase 2 of the e-HKD Pilot Programme under the Hong Kong Monetary Authori... Read more
FundPark Raises US$71M After Surpassing US$6B In ECommerce Financing
FundPark, a Hong Kong-based technology company providing financing solutions for eCommerce businesses, has raised US$71... Read more
Hang Seng Bank Launches “JustPay” With Voice Recording Payment Feature
Hang Seng Bank has introduced “JustPay”, an industry-first payment experience featuring a voice recording function.... Read more
How To Build An AI First Bank | Malaysia Banking CxO Roundtable
AI is changing banking faster than ever, from how banks detect fraud to how customers interact with apps. In this round... Read more





