Hong Kong People and their spending Behaviour

Recent survey shows that the after-90’s has 33% of HK total population, after-80’s is approximately 18% , X Generation is 32%, Baby Boomers 37%.

After-90’s people are generally having less confidence in dealing people, 60% of them claim that they do not feel confident to complete their target in life. They do not take risk, dare not make any decision without consulting their friends and or parents. These group of people tend to go for entertainment with friends for gathering, Karaoke and dinner where they spend an average of HKD$1,500 a month.

After-80’s is typically those people who spend minimum 3 hours on internet everyday, two times more than those after-90’s. They read comment and posting their comment on someone’s blogs. Reading celebrity or their idol’s blogs is their interests and habit after work. As Hong Hong is second to Korea with the most number of Bloggers, many of them belongs to this age group. Their buying behavior is more or less affected by the chatters and friends on internet. Gradually they form a trend and pattern on their buying habit and lose their instrinic personal preference. So whenever someone like a movie star wears a stylish jean, they follow. Andy Lau wears a Explorer II in the movie, they will try to follow and buy regardless if that piece of Tool Watch is good for his uses or not!

Recently we had recruited a young engineer, during the interviews we had highlighted the necessity and importance to go China is part of the job, after a couple of days, he returned call saying that their parents do not allow him to go far away from Home…
When I was young, I tried all the way I could to look for job that could travel, In fact I had been working on Merchant vessel that left Home for 12 months. During the contract, we hardly had chance to come back Home town HK. I had visited more than 20 Countries and 60 different cities in three years when I was less than 26 years old, we are coming from two different worlds. Who from the after-90’s can take up this challenge working on a Ship!??? Give me a name?

I think their parent has spoiled them all. These kid and his parent are shorter sighted. If you do not go China for your future, what else you can do in Hong Kong unless you are very smart…What is the different in working in HK and China… I can not see the reason what parents stop them to take the job…

X-Generation is more practical, they spend more on work that on entertainment, they are more active in the investment in stock market. Since they are more money-minded, they spend less time with families. They are big spender, whenever the are on vacation, they go out for extravagant dinner and enterainment., they like Piaget, Cartier, Panerai watch…Louis Vitton, Polo sort of things.
 Baby Boomers

After years of hard working, they have experienced all kind of ups and downs, they know what really matter is families and children. They believe the Fate and spend time understand the mysterious side of life. They plan their retirement life early, they would like to go for cruises with their beloved one whenever they could afford. They go hiking and exercise regularly, they use durable goods instead fashionable products, and they know what value is and more to go to Chow Tai Fook for jeweler goods and less on shoes and shirts. In order to attract this market group, the products has to be durable.. They Like Rolex, do appreciate a good watch like PP, AP, VC and Jaeger. They Like Dunhill products… I am one of them....

HK Snob

Minimum Wages in Hong Kong proposed HKD$20.00!

Gini's Index shows that Hong Kong is having a lot of rich people plus a large amount of poor people, and some average middle class. Ratio is something like 1 rich, 6 poor and 3 middle class,

Recent Gini Index of Hong Kong is 0.52 which is very High, and it's 2nd in the world after Mexico!

Last week, one of the Funktional senior officials in Hong Kong told us that the minimum Hourly wages should be HKD$20.00! (USD$2.59)

That is an equilvalent amount of money filling up Red Envelop for distributing to people who is not a close friend of yours in Chinese New year.
A Breakfast for a double egg, a thin toast with a slash of magarine (plastic Butter) and a cup of diluted coffee in Fast food Shop.
Three copies of Apple newspaper.
Four packs of Nissin Instant Noodles.
10 sticks of Cigarettes that helps you shorten your life by half an hour,
A piece of Tooth brush
Two way Bus fare from Tuen Wan to Tsim Sha Tsui.
Half the price of a lunch in Chui Wah Cha Chaan Tang Restaurant.
A Green tea Icescream in Beppu Japanese Restaurant
Four Pieces of Cocktail Bun in Maxim Bakery.
...

So I think that Senior official has never eaten anything in the fast food shop, nor he had never entered into any of the supermarket to see what he can buy for his stomach with merely HKD$20.00. On the other hand His Suit is probably cost the one year salary of the worker under this Minimum wages scheme... Bakka!

There is a better illustration on the situation of Gini's Index of 0.522 in Hong Kong....

Here it goes....

Vs...

HK Snob

Tsing Ma Bridge

The Tsing Ma Bridge, which spans 1,377m across the busy Ma Wan Channel, is the second longest bridge in the world after the Humber Bridge in Britain. However, it is the longest bridge that carries both motorway and railway.

This is the picture taken at evening  at the Interchange at the Tsing Yi side. In the upper right corner is the expressway leading to the future Ting Kau Bridge which will link the Route 3 Country Park Section to Tsing Yi and Kwai Chung.

Photographer: CC
Camera: Canon EOS 500D
Lens: EF-S 18 – 55 mm f/3.5-5.6 IS
Aperture: F/9
Shutter speed: 13 sec
ISO: 100

Next time when you come to Hong Kong, you can go to the interchange side for taking the picture.

HK Snob

Let our World Rest for an Hour 2030-2130 27 March 2010

Please mark Down the date and time and get it prepared, well in order to move forward, donot wait for that date, we can start anytime we like. Simple life style is needed.
Eat less meat, use handkerchief, bring your own bag, do not use Condom, don't buy flower for your wife or mistresses, don't wear underwear, do not use incandescant lamp, use no CFL, use LED replacement lamp,
Cold bath, drink no water in plastic bottle, do not smoke as it create unnecessary stink emission, heat and be kind to your household cockcroaches as they would not die from lung cancer, do not use disposable ball pen, use fountain Pen that could last life time, no more shark fin soup, donot use pampers, use washable cotton napkin as most of the baby boomers in the 50's, donot search anymore in Google, Yahoo as it create few Kg of CO2 emission each time you search once, do not put "best regards" at the end of each mail as it is waste of energy in sending such non-sense...

HK Snob

Langham Place

This is a place in Hong Kong, 13th Floor at Langham Place at Mongkok where you can have Sky Bar, Mr. Steak.. Cantonese Restaurant..etc.
They have been heavily Decorated with a lot of  LEDs.
A nice Place that is easy to access when you want to have a beer or wine with your friends in Town.

HK Snob

Ten Problem of the Boss in companies of HK

From City University management Faculty recent survey on 350 full time employees In Hong Kong.


These are the ten deficiencies of the bosses after the survey.


1. Faked democracy


2. Prejudice


3. Ignoring his opinion of his subordinates


4. Talk and walk


5. Over-demanding to his staff


6. Old Fashioned management style


7. Unfair Treatment to performer and non-perfumers


8. Indulged in Politics


9. Emotional


10. Narrow mined…


This is my own comment additional to the above ten points


11. Forgetful


12. pick up small mistake and rate this as bad performance on his staff


13. Never show appreciation to good result of his staff.


14. Spend ten thousand dollar to save ten cents. Does not know what Investment means.


A good boss should be


1. Able to wear the shoes of his subordinate to think


2. Ignore minor mistake and appreciate good result


3. Fair to every staff with equal treatment/bonus


4. Open minded to listen


5. Accept different idea esepcially good idea


6. Keen on to Change


7. Promote whenever is needed, smart guy does not wait to be old to be promoted!


8. Don’t set too high standard to everyone for promotion. Would you like your boss do the same to you!?


9. Accept people are better than you in certain aspect. You are not Saint.


10. Do not be picky.


HK Snob

Borrow Money from Kwun Yum Temple an amount of 788 Million Dollars.

The 26th of the first lunar month (Western calendar, March 9) is the Kwun Yum Treasury days. According to Chinese tradition, if the fortunes of no use to those who may be in the days to the Goddess of Mercy Kuan Yin Temple incense to pray for the blessing of A major Treasury. We can borrow from minimum 30 millions to 788 Millions. The number of visitors every year seems linked with the economic prosperity of the year, Say in 1997, we had 150,000 visitor to the Kwun Yum temple, where as in 2003, only 30,000.



More visitors mean the economy is good in that year. The no.1 Hot spot Temple is the one in Hung Hom. How much did you borrow this year?As you have to return to her next year. I am not sure if we should add in the bank Interests?
Hong Kong temple positions
1, Hung Hom Kwun Yum Temple; 2, Shantung Street, Kwun Yam Temple; 3, Tsz Wan Shan Shui moon; 4, Shau Kei Wan Tin Hau Temple, Kwun Yam Temple; 5, Yau Ma Tei Yung Shu Tau Tin Hau Temple, next to the Goddess of Mercy shetan.


6, Tai Ping Shan Street, Kwun Yam Temple; 7, Hollywood Road column Sheng Temple; 8, Kwun Yam Temple, Keung Shan, Lantau Island; 9, Tai Hang Lin Fa Kung (Tin Hau Station); 10, Shek Kip Mei Kuan Yin Temple (MTR Wo Tsai Street exit ).

HK Snob

Best Commercial

Fleggaard Holding A/S, through its subsidiaries, markets electronic appliances. The company specializes in selling televisions and radio sets.
Fleggaard Holding is based in Krusaa, Denmark . Just across Germany's northern-most border with Denmark you’ll find an incredible superstore called Fleggaard. There, you can buy everything you need – tubs of gummi bears, cases of wine, industrial strength dishwashing soap – at prices 30% cheaper than you’ll find in Denmark . It is Denmark's Costco, packaged as a German loophole.

The 100+ women do stunts in the air – while free-falling – holding hands to spell out “Half-off on Dishwasher at Fleggaard.” You’d be hard-pressed to find a man in Denmark who hasn’t seen and fallen in love with that commercial. It was geared strictly to men. The ad is real!
Click the title to link to the best advertisement ever made.

http://www.m2film.dk/fleggaard/trailer2.swf

Vintage 57

October 2  1957– David Lean's film The Bridge on the River Kwai opens in the UK.

A few hours later,  HK Snob was borne...came out with his head first, that was a great maternity challenge at that time in Kwong Wah Hospital! He weighed less than 5 pounds, stored in a oxyen tank for two weeks as his parents were told he was too weak to be survived.

Pat and Leica, this is your father. I love my mother as much as you love your Mother.

To all the respectful women in this Woman's day of 100th anniversary on 8th March, wish them all happy! Being loved by her son and daughter, husband, friends, boy friend if she is still single...

HK Snob

N/2+10

N/2 +10
This is not any of the primary school teacher’s on the Mathematics.

This is the so called the best matching age for your spouse.

If you are 32 years old, your girl friend should be 32/2+10=26 years old.

If you are 60 years old and plan to get a new girl as your 2nd wife… then her age is best at 40 years old…this is a well balanced matching of age between couples.

I am 52 and my Nth wife is just 36 that are matching this formula perfectly! Ha!


Taiwan people is getting marriage late, man was used to be getting married at a age of 29 ten years ago, woman at 26, now they will marry at an age of 33 for man and 29.2 for woman. Reason is that the standard of living is very high and as an average statistics that the parents have to spend about NTD6M for raising his son till he can enter the University, as an average salary of NTD$100,000 in a family, that might not be high enough to support a son, so more people in Taiwan is proponing the off spring of their new baby.

Middle Woman in Hong Kong

More and more woman of age 29-39 is not willing to get married. Some of the reason

That Woman are more to be more financial independent as they spent a lot time crawling for a higher position in the company after graduation., once they have become management team member of a company, she might skip the precious time for going with man for romance.. And once she earns HKD$1M a year or more,.. she will enter the trap of herself that would limit her husband hunting network to grow. When lesser candidates will be able to match with her expectation. Being a man, it is not wise to marry a woman who earns more than you.

What do you think she can have choice about it?

1. Social networking in web for fishing man for a marriage.

2. Go to Shenzhen for Gigolo searching, they rate is about HKD$3,000-HKD$5,000 a night for pure sexual pleasure.

3. Let it be and get old single.

HK Snob

K11 and The Chinese Restaurant

New K11 Building has been fully in operation, one of the landmark for Hoi Noi Road , Tsim Sha Tsui as some of the apartments on 59 floor is sky roaring at a price of HKD$70,000 a square foot! Who Can buy? it s a good question to me...

The Hyatt Hotel is there and The Chinese Restaurant at the 3rd Floor is the new kicken for Cantonese food and food lovers in that Area. Since the close down of Dynaty, the manager told me that they Have the best Char Siu in Town!

Really? its char siu using more fat than those at Dynasty, a bit sweeter, tender and dark burned a bit to create the unhealthy though the die hard Char Siu Fan will love as a piece of sligtly over burnt Roasted Pork.
With our comment of all the freinds, it is the top of the class, is it No. 1. Well, we have to see if they can maintain the quality consistently.

We will see, pricewise is simialr as Dynasty, you can have a bit more space, the last table at the end of the room gave me a feeling of being HOME for dinner...

You you stop by, you can make a reservation and try...as least the Signature dish Roasted Chicken was really very Good!

HK Snob

Jumbo Floating Restaurant

Jumbo Floating Restaurant has been servicing us for 30 years; it is situated at the tip of Aberdeen, southern part of Hong Kong Island.

The floating restaurant was in fact a ship with heavily decorated with Nine Chinese Gold Dragons at the front entrance, a lot of Chinese empire, palace, fairy made up of thousands colourful tiles as the interior design, A lot of Chinese chandelier. Beautifully Chinese dressed stewardess would lead you to the 3rd Floor for Chinese and 2nd Floor for Western cuisine. Free Shuttle boat to carry you from the pier to the Jumbo Floating Restaurant.

The food is classified normal and seems that the chef has not much favourite dish to serve the exacting guess, snobs and food critics.

However, if you are first time to Hong Kong it is one of the tourist spot for you...The best is after a day tour to Ocean park and then take a taxi to Aberdeen for A relaxing Dinner at jumbo.

HK Snob