New measures making it harder for travellers to take baby formula purchases out of Hong Kong have been driving up re-sale prices on mainland China’s shopping websites.
On mainland e-commerce site Taobao, prices for the Mead Johnson and Friso brands of newborn formula rose as high as CNY300 (USD48) a can, according to a recent Ming Pao report.
Local Hong Kong retailer Mannings sells the same brands for roughly 30 percent less.
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(Source: scmp.com)