HEALTH & BEAUTY

06 December 2019

Created to give busy Hongkongers a beauty booking platform that gathers treatments from haircuts and nails to massage and yoga all in one place, the Mind Beauty app lets users seek shops based on the user’s GPS location and such features as district, price and rating. More

hktdc research

China’s Elderly Market: Servicing Middle-Class Consumers

05 December 2019

A consumer survey conducted by HKTDC Research discovered that mainland senior demand for leisure and entertainment services, while health improvement activities are also popular. The per-capita expenditure on services consumption ranges between RMB50 and RMB250. There is a rapid increase in the demand for tourism services, with group tours designed for seniors probably attracting older consumers the most. More

hktdc research

EU Adopts Two New Regulations Regulating the Use of Certain Substances in Cosmetic Products

29 November 2019

On 27 November 2019, two new Regulations entered into force, amending the EU’s framework legislation, Regulation 1223/2009 on cosmetic products. The new legislation was adopted pursuant to new opinions presented by the EU’s expert committee, the Scientific Committee on Consumer Safety (SCCS). Regulation 1223/2009 is the primary regulatory framework for finished cosmetic products which are placed on the EU market. More

hktdc research

FDA Warns Companies over Illegal Sales of CBD Products

28 November 2019

The Food and Drug Administration has issued warning letters to 15 companies for selling products containing cannabidiol (CBD) in ways that violate the Federal Food, Drug, and Cosmetic Act. More

hktdc research

China’s Elderly Market: Middle-Class Product Purchasers

28 November 2019

A consumer survey commissioned recently by HKTDC Research found that mainland consumers are buying senior-specific products ranging in price between several hundred yuan and over RMB1,000. Older people tend to use fewer shopping channels and rarely shop online. Also, mainland consumers’ main concern when buying senior-specific products is safety. However, products marketed as elderly-friendly do not necessarily be popular with older consumers. More

hktdc research

Biotechnology, Medical & Healthcare Devices Industry in Hong Kong

11 November 2019

Hong Kong’s medical and healthcare equipment industry mainly targets the household consumer market. In 2018, Hong Kong’s total exports of medical and healthcare equipment increased by 4.6%, after a decrease of 2.3% in the previous year. More

life & style

Cosmetic surgery goes digital

08 November 2019

A medical aesthetics platform delivered via a social and mobile app, Charmfidence is challenging misconceptions about cosmetic surgery by providing better access to information. More

hktdc research

Hong Kong Companies in the GBA (12): Biotech Applications Inject Vigour into Anti-Aging Sector

31 October 2019

Research in Self-Growth Colony Optimisation Technology (SGC) started in 2009 under the Entrepreneurship Programme of the Hong Kong University of Science and Technology (HKUST). Subsequently, SGC Cosmotech Co Ltd was established for the development and application of patented biotechnology in anti-aging products. SGC Founder Venice Tsoi spoke to HKTDC Research about her company’s experience in expanding business in the Greater Bay Area. More

hktdc research

China Publishes New Cosmetics Registration and Testing Guidelines

16 October 2019

The National Medical Products Administration has introduced new guidelines intended to ensure that all cosmetics registration procedures – and any related inspection / testing – are conducted in a transparent, fair and appropriately scientific fashion. More

life & style

Health insurance information goes digital

11 October 2019

Born out of a desire to make health insurance less confusing and opaque, healthcare brokerage AD MediLink guides customers through the Hong Kong healthcare system to help them understand their options and secure the best deals. More

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