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According to Hong Kong government's provisional estimate, the value of total retail sales in January 2018 on a year-on-year basis has increased by 4.1%. In contrast, the value of sales in supermarkets has decreased by 13.3% for the same comparable period in January 2018. Some suggest that the spending habits of Mainland travelers have changed in recent years because of the Central government's policy, which has attempted to reduce the import tariffs on consumer goods, and also because of the growth in e-commerce. To what extent do such developments affect Hong Kong's retail sector? And how would uncertainties related to such global events as a US-China trade war would impact the outlook for retail in Hong Kong?

The Chamber's Retail and Tourism Committee is pleased to have invited Mr Andy Leung, Partner, Indirect Tax Service of Ernst & Young (China) Advisory Ltd to speak on 25 April. Andy will discuss the changes and challenges that an evolving business environment could create for retailers and related sectors in Hong Kong, and key areas where businesses could pay attention to for capturing any opportunities hidden in the evolving business environment.

Andy has been providing tax advisory services since 2003 in Hong Kong, Shenzhen, and Los Angeles. He has more than fourteen years of experience in China tax. He has assisted many clients in designing and implementing cross-border business arrangements from tax efficiency perspective.

Andy is the member of the Association of Chartered Certified Accountants (ACCA). He is also a qualified Hong Kong Certified Tax Agent (HKCTA) with Qualification to Practice in Qianhai.
Andy has spoken at the Peking University and National Accounting Institute on the subject of indirect tax in the capacity as guest lecturer.

Speaker(s) Mr Andy Leung, Partner, Indirect Tax Service, Ernst & Young (China) Advisory Ltd, Shenzhen Office
Language English
Date and Time 2018/04/25 12:30 to 14:00
Venue Chamber Theatre, 22/F United Centre
Media Open to media
Enquiries Kari Yu
Tel: 2823 1266
Email: kari@chamber.org.hk
Fee Members @ HK$190 / Non-Members @ HK$400
+$50 for booking offline
This event accepts Chamber Coupon (terms and conditions)
Members enjoy 30% discount with BOC HKGCC VISA Card
Notes - Bookings will only be confirmed with full payment, on a first-come-first-served basis.
- Substitution is allowed for corporate members only with advanced notice while walk-ins will normally not be accepted.
- Please note that the Chamber reserves the right to decline any booking or cancel the event without explanation. In any such instance, the event fee will be returned in full.
- There will be no refund for attendees cancelling or not showing up for the event unless the cancellation request is made in writing at least 3 days before the event, and in such cases the refund will be subjected to a 10% administration fee, or HK$100 deduction, whichever is higher.
- Members paying with their BOC HKGCC Visa Card will enjoy a 30% discount on their reservation. The discount is only applicable to the card holder, and does not extend to their guests. The discount cannot be used in conjunction with Chamber Coupons.
- Starting 1 January 2017, all off-line bookings (e.g. fax, e-mail, post) for Chamber events will be charged a $50 handling fee per person. Make the switch to online today by installing our app or registering via our website to save the environment and save money.
- Priorities are given to corporate members. The decision to accept or decline any bookings shall be at the sole discretion of the Chamber.