CLSA's Kou on Expectations for China's Golden Week

The video discusses the strong travel demand driven by economic factors like the wealth effect and stock market boom. It highlights Hong Kong's structural challenges and tourism trends, noting the shift in consumer demographics from male to female in the luxury market. The discussion also covers product popularity, market recovery, and the challenges of price harmonization due to FX changes, emphasizing the role of internet transparency.

What is one of the main reasons for the strong travel demand mentioned in the video?

• Decline in hotel rates

• Increase in airline ticket prices

• Boom of the stock market

• Decrease in global oil prices

What challenge is Hong Kong facing in its tourism sector?

• Poor transportation infrastructure

• Changing tourist trends

• High hotel prices

• Lack of tourist attractions

Which luxury product has seen a strong comeback recently?

• Watches

• Shoes

• Perfumes

• Handbags

How do luxury brands try to manage price differences across markets?

• By maintaining price gaps

• By increasing advertising

• By adjusting product quality

• By offering discounts

Who is increasingly driving the luxury market according to the video?

• Teenagers

• Male consumers

• Female consumers

• Senior citizens