While Shanghai Disneyland is due to open soon, last year the theme park in Hong Kong recorded a net loss of HK$148 million.

ANBOUND's research team is of the view that the worsening business conditions faced by Disneyland is just a window, Hong Kong is gradually losing its traditional advantages, the penetration of internet and the relaxed visa rules for Chinese visitors offered by other countries have negative impacts on Hong Kong’s status as shopping paradise and a tourism gateway.

Not only that Hong Kong has failed to leverage on its advantages, worse still, Hong Kong is causing itself a lot of 'troubles’, this does not benefit Hong Kong’s own development in any way, in the long term, the charm of Hong Kong will continue to fade away.