Disneyland tickets, tea at Peninsula – Hong Kong banks roll out incentives to draw mainland Chinese language clients throughout Nationwide Day ‘golden week’ vacation

“The golden week vacation is essential as a result of it will deliver a whole bunch and 1000’s of mainland guests to Hong Kong,” stated Stephen Man Wai-shing, head of client, personal and enterprise banking at Commonplace Chartered Hong Kong. “We now have ready employees at our branches and status centres to serve these clients.”

To take advantage of this surge, sure branches of Commonplace Chartered, HSBC, Financial institution of East Asia (BEA) and China Citic Financial institution Worldwide will open each day throughout the vacation interval – the primary Nationwide Day golden week vacation after China’s pivot away from its strict zero-Covid insurance policies – for the opening of recent financial institution accounts and gross sales of wealth administration and insurance coverage merchandise.

The vacation, which often falls round China’s Nationwide Day on October 1 and runs from September 28 till October 6 this yr, will even coincide with the Mid-Autumn Pageant. Hong Kong is anticipated to report a surge in mainland guests throughout this eight-day interval.

Tickets to Disneyland , afternoon tea at The Peninsula and superb eating with wine pairings – these are simply among the incentives with which main Hong Kong banks resembling HSBC and Commonplace Chartered plan to woo high-flying mainland Chinese language clients visiting the town throughout the “golden week” vacation

The incentives Commonplace Chartered is providing to pick out purchasers embrace tickets to the theme park at Hong Kong Disneyland Resort in addition to procuring vouchers. Its department at The Wai, a brand new vacationer hotspot in Hong Kong, will stay open all through the golden week interval.

An “inside research underscores a rising urge for food amongst our mainland Chinese language clients for numerous ‘beyond-banking’ providers, spanning medical tourism, worldwide schooling and different distinctive life-style experiences, not just for themselves but additionally for his or her relations,” stated Brian Hui, head of buyer proposition and advertising, wealth and private banking, at HSBC Hong Kong.

HSBC is providing choose purchasers afternoon tea at The Peninsula. Picture: Handout

HSBC , Hong Kong’s largest financial institution, will organise a wine-pairing dinner in addition to a fireworks present for choose rich clients on Nationwide Day at its wealth centres in Hysan Place in Causeway Bay and K11 Atelier in Tsim Sha Tsui.

Different incentives that it’ll supply embrace afternoon tea at The Peninsula Hong Kong, personal viewings at M+ museum, Rosewood Hong Kong-branded mooncakes in addition to Covid-19 and HPV vaccinations and physician’s consultations on the HSBC Life Para-Medical Centre in K11.

Dangle Seng Financial institution will launch a lucky-draw marketing campaign and supply God of Wealth “TinBots” in addition to coupons of as a lot as HK$400 (US$51) as prizes, in addition to status banking presents to clients throughout the golden week vacation. It can additionally showcase a 2-metre tall God of Wealth statue at its foremost department in Kowloon.

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“Many purchasers have already made their selection of banks earlier than arriving in Hong Kong, with numerous consideration components together with branding, product choices and repair high quality,” stated Maggie Yung, head of treasuries and distribution at DBS Financial institution (Hong Kong).

The financial institution will supply some procuring coupons to pick out clients to be used within the metropolis throughout golden week, however has no plans to open on Sunday throughout the vacation interval.

“We’ll proceed to overview our department servicing hours to higher serve our clients in response to their wants,” Yung stated.

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China Citic, which can also be providing a variety of incentives to entice mainland clients throughout the vacation, will maintain its branches in Tsim Sha Tsui, Mong Kok, Causeway Bay and Sha Tin open all through the eight-day interval. BEA will maintain its Sheung Shui department open on a regular basis till October 29.