items in Hong Kong

 are less likely than in China to be counterfeit.

A stream of customers in Tsim Sha Tsui’s Canton Road yesterday carrying bags of Vivienne Westwood, Gucci and Burberry brand products and speaking in Mandarin, showed that a $350 billion decline in the value of stocks in China since mid-April has failed to kill off the tourist trade. Their spending may help to limit what Morgan Stanley and Daiwa Capital Markets say is set to be a second straight quarterly contraction in Hong Kong’s economy.
In July, sales jumped 29 percent to HK$35.2 billion ($4.5 billion), also a record gain excluding January and February figures that are distorted by a Lunar New Year holiday. Sales of jewelry, watches and clocks soared 52 percent from a year earlier. For electronics, the increase was 65 percent.