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The hustle bustle of this city is not only about the tall skyscrapers and the booming business ventures, but also the great markets that this place possesses. To start with the markets, the best one that one would suggest is probably the Temple Street Night Market. So, if the night time market is not your thing, then the Tung Choi Street should definitely be your place.
To have a better deed of shopping in the markets of Hong Kong, the hassle free market in the south side of the island of Hong Kong is the place to be. The market that is famous with people for those who do urban shopping as in the looks of New York, the best place to visit is the Sheung Wag market. Byron Yiu has made his fortune by turning traditional shopping habits around and re-selling rich women’s luxury handbags in Hong Kong.
Yiu’s Milan Station retail chain buys trendy bags — luxury tote or shoulder bags to evening clutch — from the ladies who lunch in Hong Kong’s upscale neighbourhoods. Locally known as “tai tais”, the small and often thrifty demographic, rarely seen without Prada, Chanel or Gucci on their arm, provides the retailer with a steady flow of bags which are later authenticated by Yiu’s team.
The idea not only turned traditional shopping habits on their ear and made Yiu a rich man himself, but the company set a record for the most popular initial public offering in the Asian financial hub’s history earlier this year. Investors were abuzz with excitement when the firm, little known outside HK, went to market in May with an initial public offering oversubscribed a whopping 2,180 times.
The share sale smashed a 2006 record and outshone high-end handbag maker Prada, which made its own lacklustre Hong Kong debut around the same time. From a humble start-up a decade ago with a 100-square-foot (9-square-metre) shop, the pioneering retailer now has 14 outlets, with an eye to further expanding to meet mainland China’s booming demand for luxury goods. While most customers hope for a big discount, sometimes as much as 30 percent off a bag’s retail price, certain limited edition bags are actually pricier as used collector items, such as the prized Hermes Birkin. The company said its share of the proceeds from the float, which saw about 25 percent of the firm sold off for a total of HK$271 million ($35 million), will help it launch 24 new stores in several Chinese cities over three years.
The retailer currently has two stores in Beijing and one each in Shanghai and Macau, a gambling hub about an hour by ferry from Hong Kong, with planned new locations including Chengdu and the southern city of Guangzhou. China is expected to become the world’s largest luxury goods market by 2020, accounting for a whopping 44 percent of worldwide sales, according to a report by brokerage firm CLSA Asia-Pacific Markets. Yiu said Milan Station is also aiming to tap the European and US markets with an online sales strategy that would see bags traded on auction giant eBay.
And while few industries are recession proof, the current stock market turmoil and uncertainty about the global economy may not be such bad things for the retailer.

LUXUO list all kind of luxury items, from estates, boats and watches, to the most expensive gadgets. With over 15,000 stalls and more than 200,000 visitors every weekend, Chatuchak Weekend Market is possibly one of the biggest and most famous in the world. Pratunam Market is a major market selling clothes, shoes, and fashion accessories at wholesale prices. Damnoen Saduak is the most popular floating market in Thailand, great for photo opportunities, food, and for giving you an insight into a bygone way of life. Amphawa is the second most popular floating market near Bangkok, not as large as Damnoen Saduak but more authentic, with visitors almost exclusively Thai. The best night markets in Bangkok offer a carnival like atmosphere with a huge array of goods to browse, and snacks, bars and live music to keep everyone in good spirits. In Central, a good place to start are the costume shops on the corner of Pottinger Street and Wellington Street. For much more extravagant costumes, you can try House of Siren in Soho, which rents unique, upscale outfits for special events. Yes, if you are thinking that I am talking about the busy markets in Hong Kong, then you probably got that right. Be it a wealthy businessman or a man of middle class background, people from all classes dine together in these markets. Located in Mongkok, this market runs for several blocks and it adds to the nightlife of the place. There is also the Ladies market, which is quite popular among the locals and the travellers alike. Located in the center of Stanley, this market is also known as the “Market for beginners” to the tourists. All these markets that have been mentioned have the best possible food in the entire city and the way in which this food is served is also a point to be noted. Unlike jewellery, the value of handbags will depreciate when they are no longer trendy,” said Yiu. We are depending on this small group of “tai tais” to sell us the handbags they want to get rid of, and they are the main supply source to other ladies”.
It has everything you need to spend a good day and is far more genuine than the famous markets.
Though it was a part of the British colony for over 99 years, it has been on a steady ship and has never degraded in any division.

Apart from things to eat and drink, these markets also have something to buy and do some shopping. The tradition is followed in each step of the food making process and there are no two shops providing food of different tastes with the same name. The cultural aspects of the city has always been on a high and this is supported by the beautiful markets of Hong Kong.
Single shop owners provide a good turnover to their businesses and thus finally, it gives a big turnover to the nation’s economy as well.
It is also suggested to the tourists that the best place to do some shopping for souvenirs to get back home is here. So, if you are shopaholic who likes to get out there and do some shopping, spend some time with your loved ones, have some mouth-watering food in the open air restaurants that are available in the markets, then the only destination that any travel expert would suggest you are definitely the Markets in Hong Kong! These markets are talked about in almost all parts of the world and it has attained trade importance due to the revenue that it churns out to the GDP of the country. The most famous things that are sold in these markets are mostly electronic items as China has an upper hand in this field. As it is located in the seaside, it is a must for everyone to visit the sea shore in Hong Kong as it is considered to be one of the best in the world. Some of the best markets that can be found in Kowloon, and a few small markets are available in the area surrounding the Hong Kong harbour as well.
The flashing lights and the busy roadside food stalls are a sight to watch and one must say that these markets get really congested during the night.
However, the shop vendors stick to the price that they say and there is no question of bargain in these markets. But though this problems are prominent, the very nature of the market is an eye catchy sight and people still go to the market for the fun that it provides. Howsoever, this is a good deal to the buyers as the electronic items sold here are far cheaper that the items that are found in the other parts of the world. The only thing that the user has to be very careful about is that they should be able to differentiate between the original goods and the fake goods.

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