Hong Kong and the mainland have officially cleared the customs. Starting today (February 6), all land ports will be fully opened, the quota system will be abolished, and nucleic acid testing will be exempted, allowing citizens to travel to the mainland and major cities in the Greater Bay Area without hindrance.
Bank of China (Hong Kong) Co., Ltd. and "Hong Kong 01" conducted an online survey earlier and found that nearly 80% of the respondents plan to travel and visit relatives in the Greater Bay Area after customs clearance. Leisure consumption, daily payment.
The survey also looked at the respondents’ intentions to buy property and retire in the Greater Bay Area. Nearly half of the respondents indicated that they would consider buying property in the Greater Bay Area as a comfortable home for vacation and retirement.
The survey was conducted by BOCHK and "Hong Kong 01" from January 9 to 15, interviewing 2,722 respondents aged 18 and above in the form of an online questionnaire.
After three years, Hong Kong and the mainland have resumed quarantine-free customs clearance. When will citizens plan to go north?
According to the survey, 77% of the respondents plan to go to the mainland within one year of customs clearance, including 44% of the respondents who plan to go to the mainland after 60 days of customs clearance, and 24% of the respondents who plan to travel within one month of customs clearance.
As Hong Kong emerges from the epidemic and gradually returns to normal, many people leave Hong Kong for "revenge" travel, and the Greater Bay Area is also one of the hotspots.
About 9% of the respondents have an urgent need to go to the Greater Bay Area, and they will go there as soon as possible after customs clearance.
As many as 33% of the respondents expect to visit the Mainland 2 to 3 times in the coming year, and another 19% expect to visit the Mainland 5 or more times in the coming year.
In terms of age group, as many as 35% of people aged 55 or above expect to visit the Mainland 5 times or more within the year.
As for what do you most want to do in the Greater Bay Area?
Tourism is the most popular choice, accounting for 45%, followed by family visits (25%) and investment (8%).
Many respondents expressed their need for financial services in the Greater Bay Area, mainly for online shopping and payment, followed by wealth management and mortgages.
The survey also found out how those respondents who do not have a bank account in the Mainland but intend to open one will choose to open a bank account in the Mainland. Nearly 60% of them chose to witness the opening of a bank account in the Mainland in advance in Hong Kong. Get ready and set off for the Greater Bay Area.
In recent years, the Greater Bay Area has become the first choice for many Hong Kong people to buy property. The survey also shows that 46% of the respondents said they would consider buying property in the Greater Bay Area as a comfortable home for vacation and retirement. Popular locations include Shenzhen, Guangzhou, Zhongshan, etc. .
It is also worth noting that as many as two-thirds of the respondents aged 55 or above intend to go north to buy real estate for retirement, which is much higher than other age groups, reflecting that the older the respondents, the more people intend to go north to retire.
According to the survey data, after three years of the epidemic, with the return of customs clearance between Hong Kong and the mainland, more Hong Kong people will travel to the Greater Bay Area to travel and visit relatives, and their demand for cross-border financial management will increase.
BOCHK launched "BOC Cross-border Services Easy to Enjoy the Bay Area so Easy" comprehensive financial product services in the Greater Bay Area to meet the needs of Hong Kong customers in account opening, wealth management, payment, property purchase and protection in the Greater Bay Area.
Among them, the "Easy Account Opening" service in the Greater Bay Area provides witnesses to open a Mainland China bank account service without leaving Hong Kong. After opening an account, it is bound to the mainstream mobile electronic payment application in the Mainland, so that consumption and payment in the Mainland are smooth, and travel and family visits in the Mainland are arranged in advance. be prepared.
The "Easy Home" series of loan products include first-hand property mortgage loans, property mortgage loans and personal loans to facilitate the purchase of properties in the Greater Bay Area, revitalize property assets or meet short-term capital turnover needs.
Tip: To borrow or not to borrow?
It's better to borrow it first!
Products, services and offers are subject to terms.
Finally, I would like to remind everyone that the mainland and Hong Kong will be fully cleared from Monday (February 6). The following is the latest arrangement for Hong Kong people to go to the mainland:
1) There is no limit on the number of people at all mainland and local ports, and you can travel at will
2) Cancel the entry-exit testing requirements, and do not need to do nucleic acid testing or rapid testing
3) Open all entry-exit ports, including Luohu, Heung Yuen Wai, Huanggang, and Sha Tau Kok Cargo will be resumed
4) Cancel the pre-arrival testing requirement for Macau tourists
5) Cancel the vaccine requirement for non-Hong Kong residents but the rapid test requirement will be maintained for a period of time