Originally Posted by JohnMan
But why would China be on the radar back in the 60's and 70's in the first place? They were closed off and in the throes of the Cultural Revolution then. In any case, I think China and Hong Kong markets have very much gone their own way now. The tastes and preferences of mainland buyers are not quite the same as those of Hong Kong. In that respect, HK is not really a "beachhead" for the mainland market like it was in the 90's and early 00's.
I totally agree. I don't think HK is the beachhead any more... for a while I would say. Like many major cities in China, Shanghai, Beijing or Hong Kong, ppl are more international and taste and preference tends to be more "common" from a western prospective. However, for the mass majority population in China, the taste and preference is unique.