Bonjour mainland visitors

BackgroundHong Kong cosmetics company, Bonjour Holdings (0653:HKG), derives a significant portion of its revenues from mainland Chinese visitors to the territory. It runs 29 cosmetics sales stores and 19 beauty clinics in Hong Kong and Macau. Its presence in Shanghai, however, is limited to one nail bar. In addition to its own-brand products, the company has exclusive distribution rights for some lesser known foreign cosmetics brands and runs a wholesale cosmetics unit. Bonjour also operates its own e-commerce website targeting Hong Kong, mainland China and overseas.

China Confidential Funds

China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.

Other Articles on this Issue

• Financial China

  Rmb appreciation. Will 2010 be the year?

  Informal lending takes off, regulation proposed

• Consumer China

  Cosmetics: saving face

  Sephora: China growth 'extraordinary'

  Hong Kong still Sa Sa's mainstay

  Shiseido pushes global expansion

  Shanghai Jahwa: homegrown victor

  Watsons eyes expansion

• Macro View

  Succession politics

• The Big Call

  Factor inflation shows overheating

• Guest Column

  The outlook for Chinese listings

• The Best of Chinese Commentators

  The course of monetary tightening

  Where have all the migrants gone?

• Funds Data

  China stays out of favour

• Capital Intensive China

  Smart moves

• View issue