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Free travel in Japan | The yen exchange rate plummets, economist Li Zhaobo travels in Japan to experience food and play

2022-10-13T03:53:14.324Z


【Free travel in Japan/Japan travel/Japan air ticket/Japan flight】Japan resumed visa-free entry tourism on Tuesday (11th), and a large number of Hong Kong people can't wait to fly to the local "food and play". CUHK Business School Asia-Pacific Business Studies


【Free travel in Japan/Japan travel/Japan air ticket/Japan flight】Japan resumed visa-free entry tourism on Tuesday (11th), and a large number of Hong Kong people can't wait to fly to the local "food and play".

Li Zhaobo, an honorary teaching and research scholar at the Asia-Pacific Business Institute of the CUHK Business School, arrived in Japan before the switch and returned to Hong Kong for 10 days.


In terms of food and shopping, Li Zhaobo teaches you how to make the most money from the exchange rate difference. For example, a certain product from Hermès and SK-II is 30% different from the price in Hong Kong.

In contrast, he believes that Hong Kong's status as a shopping paradise and gourmet paradise is no longer there.


▼On October 11th, the first day of the re-opening of Japanese independent travel was lively at Hong Kong Airport▼


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At a time when Hong Kong people began to travel to Japan, in order to avoid sky-high air tickets and crowds, Li Zhaobo took the lead in taking advantage of the National Day holiday to fly to Osaka for tourism, and returned to Hong Kong on the first day of Japan's visa-free travel on Tuesday.

He shared his travel experience with "Hong Kong 01". The yen mentioned below is calculated at yesterday's exchange rate (about 0.054 Hong Kong dollars).

Buy Hermès Perfume at the Airport Duty Free Shop, Save 332 Yuan, Nearly 1,000 Yuan

Li Zhaobo believes that now is a good time to eat, drink, and have fun. For example, in terms of shopping, he has found that cosmetics and other feminine products in the airport duty-free shop are very affordable.

Among them, he purchased Hermès perfume (Eau de rhubarbe ecarlate Eau de cologne), which is priced at 1,025 yuan on the official website of Hong Kong, but can be purchased in Japan for only 12,900 yen, or about 692.3 Hong Kong dollars, a difference of 332.7 Hong Kong dollars, which is 32% cheaper.

He also took SK-II fairy water as an example. It sold for 44,700 yen in duty-free shops, or about 2,399 yuan, but Hong Kong airport duty-free shops sold for 3,339 Hong Kong dollars, or a difference of 940 Hong Kong dollars, which was 28% cheaper.

1 box of Ichiran Ramen Hong Kong online shop is enough to buy 2 boxes in Japan

In terms of food, Li Zhaobo once went to the chain-operated Daqi Aquatic Conveyor Sushi, and asked for a price ranging from 200 to 400 yen per plate.

For example, sushi such as octopus or scallops is 300 yen, or about HK$16, and shrimp sushi is 500 yen, or about HK$26.8.

Although the price has not changed from before the epidemic, "Old rice is indeed fine and old, and the pieces of fish are thinly sliced."

The price of ramen is also unchanged. If a bowl of 1,000 yen, or about HK$53.6, is used as an example, and compared with the "seven calculations" in the early stage of the epidemic, each bowl of ramen now saves HK$16.4.

He also mentioned that Ichiran's boxed ramen is only 1,830 yen in Japan, or about 98 Hong Kong dollars, and the Hong Kong online store is now selling 198 Hong Kong dollars, a difference of 100 Hong Kong dollars, and thinks it is worth buying.

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Praise for high-end restaurants: eat two or three meals to win more than one ticket

As for high-end restaurants, he recalled that he had tried robatayaki in the Elements shopping mall in the past, and asked for more than 1,000 yuan, but the restaurant of the same level in Osaka, "a shrimp as big as a palm", ended up paying only about 200 Hong Kong dollars, and more Without adding a 10% service charge, he said with a smile, "The more you eat, the more you earn. If you eat two or three meals, you will probably win more than one ticket."

Shop for 100 yen and earn an extra 6 yuan per item

The "100 yen shop" is also worth sweeping. He pointed out that since the 100 yen shop in Hong Kong uses "twelve counts", the local counts "six counts" or "seven counts", that is, the price difference of each item is nearly doubled, about 5 to HK$6.

He estimated that Japan's low prices may be related to the economic downturn, leading to increased competition among stores.

He reminded that since some 100-yen stores are exempt from taxation only after spending a certain amount, Hong Kong people can buy medicines by the way.

Li Zhaobo, Honorary Teaching and Research Scholar of the Asia-Pacific Business Institute of the CUHK Business School.

(file picture)

Comment on Hong Kong's shopping paradise, food paradise is no longer: hell

The yen exchange rate has repeatedly hit new lows. In fact, Li Zhaobo disclosed to reporters as early as the end of April that he had exchanged 10,000 Hong Kong dollars for Japanese yen many times.

At that time, he advised Hong Kong people who were planning to go to Japan to do what they could, and use the parity method to exchange yen for long-term investment, just like a monthly stock payment. In addition, not all stores in Japan accept credit card payments, so he chose to use cash for shopping.

Returning to Hong Kong, which has the reputation of "food paradise" and "shopping paradise", Li Zhaobo sighed, "𠵱Home is not a la, hell is la." He believes that the exchange rate of the Hong Kong dollar continues to be high and is limited by "0+3". Passengers were immediately slapped when they arrived in Hong Kong, and they were not allowed to dine in for the first three days, and the attraction no longer returned. "Even if the 𠵱 family changes to 0+0, they will continue to be beaten."

▼Free travel in Japan to enjoy the autumn leaves in Kyoto▼


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Source: hk1

All news articles on 2022-10-13

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