the luxury market of mainland consumers are not mature
Tong Kai Lap, said, “Hong Kong from the late 60th century until the early 70s began to develop a luxury, to the extent now gone 30 years, the mainland cognitive learning very quickly.”
McIlroy now in less than 3% stake in the mainland market, Tong Kai Lap believe that the future may continue to grow. “If the Chinese luxury goods in 2015 amounted to 14.6 billion U.S. dollars, which is very impressive.”
However, Tong Kai Lap also stressed that “the luxury market of mainland consumers are not mature.” He said it may take 5-10 years or more, the mainland market will mature when the luxury to walk in the middle-class family.
McIlroy customers of all types: miners, rich second-generation, real estate, financial services and other professionals and entrepreneurs. Talking about the motivation of customers to buy luxury goods, Tong Kai Lap, said the market is open, consumers have the opportunity to purchase luxury items, because some are different. Some people have accumulated wealth through some hard, reward yourself in this way, others because of the demands of work, with both high profile approach to getting more opportunities.
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