Hong Kong to Implement Measure to Cap Milk Formula Purchases
Shenzhen residents said that they will still travel to Hong Kong to purchase imported baby milk formula even with the implementation of a cap that will limit the amount of formula that travelers can take out of Hong Kong. Some residents will say that if such cap will be implemented they will travel to Hong Kong frequently just to purchase the formula.
The Hong Kong government is now considering making baby milk formula a reserve commodity and will announce measures which will include the allowable amount of milk formula that each adult can take out of Hong Kong to 1.8 kilos at a time which is equivalent to two tin cans. Travelers bringing excessive amount of the formula out of Hong Kong will be considered as smugglers.
The measures were intended to reduce the number of parallel traders that travels frequently to Kong Kong to purchase large amounts of baby milk formula that they resell at a higher price in Shenzhen. Chinese mainlanders prefers the milk formula from Hong Kong for its better quality and cheaper price a trend that left Hong Kong residents complaining that this move is draining the milk formula supply for local Hong Kong families.
The said measure led many Shenzhen parents to travel to Hong Kong during the weekend to purchase and stock up on the milk formula, while others are looking at overseas market.