Wealthy Hong Kong residents in need of a quick cash injection are reportedly using luxury handbags as collateral to secure small, short-term loans.
One of China’s rarest stamps sold for HK$6.9 million ($890,000) at auction in Hong Kong, the auctioneers said Wednesday.
A tailor in Hong Kong has produced what he claims to be one of the world’s most expensive suits.
Shanghai Tang Menswear designer, Armele Barbier, has created a Limited Edition Luxe Stand-up Paddle Board in collaboration with MOOR’S Surfboards.
Hong Kong opened a $1.1 billion cruise terminal at the site of its former airport on Wednesday in a bid to become Asia’s hub for luxury liners.
Pierre Hermé Paris is coming to Hong Kong with their collection of exquisite macarons and chocolates. The IFC boutique will open in May 2013.