The Fort Worth Press - Lockdown fears spark panic buying in Hong Kong

USD -
AED 3.672498
AFN 64.500824
ALL 80.947117
AMD 360.429701
ANG 1.789785
AOA 918.000215
ARS 1545.652697
AUD 1.453288
AWG 1.8025
AZN 1.701999
BAM 1.743549
BBD 2.014201
BDT 124.684633
BGN 1.747831
BHD 0.377278
BIF 2991.682342
BMD 1
BND 1.278494
BOB 11.860357
BRL 5.587502
BSD 1.00008
BTN 93.98513
BWP 13.720001
BYN 2.994357
BYR 19600
BZD 2.011304
CAD 1.416515
CDF 2290.999934
CHF 0.824095
CLF 0.024781
CLP 975.250136
CNY 6.672801
CNH 6.67617
COP 3289.15
CRC 452.34508
CUC 1
CUP 24.001212
CVE 98.299494
CZK 21.77485
DJF 178.081276
DKK 6.686203
DOP 60.656578
DZD 136.445001
EGP 53.330401
ERN 15
ETB 162.77021
EUR 0.894419
FJD 2.25945
FKP 0.745155
GBP 0.747565
GEL 2.589966
GGP 0.745155
GHS 11.710587
GIP 0.745155
GMD 73.999764
GNF 8859.687441
GTQ 7.641802
GYD 209.550384
HKD 7.845125
HNL 26.881572
HRK 6.76901
HTG 131.085575
HUF 325.441992
IDR 18113
ILS 3.173025
IMP 0.745155
INR 93.60345
IQD 1516.057857
IRR 1902285.500127
ISK 122.497478
JEP 0.745155
JMD 158.721951
JOD 0.708989
JPY 158.63195
KES 129.890073
KGS 87.449804
KHR 4078.557929
KMF 439.000208
KPW 899.999961
KRW 1342.804987
KWD 0.310999
KYD 0.833363
KZT 446.483971
LAK 22510.073815
LBP 89553.682465
LKR 332.358631
LRD 169.999198
LSL 16.395017
LTL 2.95274
LVL 0.60489
LYD 6.410662
MAD 9.755417
MDL 17.970617
MGA 4537.674286
MKD 55.039186
MMK 2099.696522
MNT 3601.450067
MOP 8.080107
MRU 40.34233
MUR 46.919873
MVR 15.410049
MWK 1734.122597
MXN 18.697235
MYR 4.056301
MZN 63.910287
NAD 16.39487
NGN 1348.029871
NIO 36.800956
NOK 9.493449
NPR 150.377549
NZD 1.78293
OMR 0.38451
PAB 1.000071
PEN 3.408278
PGK 4.491377
PHP 63.042501
PKR 276.58297
PLN 3.930145
PYG 6173.609935
QAR 3.645457
RON 4.780302
RSD 105.219033
RUB 82.99589
RWF 1479.602753
SAR 3.760416
SBD 8.097299
SCR 13.818913
SDG 601.502956
SEK 9.847375
SGD 1.280925
SHP 0.744075
SLE 22.950157
SLL 20969.504398
SOS 571.530455
SRD 37.546011
STD 20697.981008
STN 21.841652
SVC 8.750925
SYP 13001.999685
SZL 16.399741
THB 33.562503
TJS 9.190242
TMT 3.51
TND 2.980472
TOP 2.40776
TRY 50.232805
TTD 6.782502
TWD 32.982045
TZS 2643.085006
UAH 45.486291
UGX 4080.286342
UYU 40.464463
UZS 11975.30589
VES 897.18025
VND 25600
VUV 120.001108
WST 2.780103
XAF 586.700731
XAG 0.019223
XAU 0.000246992862
XCD 2.70255
XCG 1.802321
XDR 0.707052
XOF 586.700731
XPF 106.319815
YER 236.509359
ZAR 16.493202
ZMK 9001.199239
ZMW 20.375579
ZWL 321.999592
SSP 5745.814556
MXV 2.101363
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Lockdown fears spark panic buying in Hong Kong
Lockdown fears spark panic buying in Hong Kong

Lockdown fears spark panic buying in Hong Kong

Hong Kongers stripped supermarket shelves bare Tuesday as panic buying set in following mixed messaging from the government over whether it plans a lockdown this month.

Text size:

Uncertainty over Covid rules has sent the city's residents flocking to supermarkets, chemists and vegetable stores to stock up, leaving shelves empty across the city.

Photos circulating on social media showed people had trouble finding a variety of items including meat, vegetables, frozen foods, noodles, paracetamol and testing kits.

The financial hub is currently in the grips of its worst coronavirus outbreak, registering tens of thousands of new cases each day, overwhelming hospitals and shattering the city's zero-Covid strategy.

Authorities plan to test all 7.4 million residents this month and isolate all infections either at home or in a series of camps that are still being constructed with the help of mainland China.

City leader Carrie Lam had initially ruled out a mainland style lockdown where people are confined to their homes during the testing period.

But on Monday, health chief Sophia Chan confirmed it was still on the table, a day after a senior Chinese health official described it as the best option.

On Tuesday multiple pro-government Hong Kong media citing official sources also said authorities were looking at a variety of lockdown options for the test period.

One of the most densely populated cities on earth, Hong Kong's supermarkets have limited backroom storage space and saw waves of panic buying at the start of the pandemic two years ago.

The vast majority of its food is imported from mainland China and the current supply crunch has been worsened by cross border truckers getting infected by the high transmissible Omicron variant.

More than 190,000 infections have been recorded in the last two months compared to just 12,000 for the rest of the pandemic.

The government released a statement late Monday saying food supplies remained constant and that there was no need for panic buying.

But analysts said uncertainty and distrust were fuelling consumer habits.

"We have so many questions but all answers are 'to be confirmed'," Chan Ka-lok, an international politics scholar at Baptist University, wrote on social media.

"Rush to buy and stock up, let the people decide how to live their life."

Tom Grundy, editor of the Hong Kong Free Press news website, described the latest panic buying as "a massive failure of gov't communications"

"Rules changing every few days, u-turns, botched stats, poor data disclosure," he wrote on Twitter.

Faith in government assurances is low in Hong Kong, where authorities have carried out a two year crackdown on dissent after huge democracy protests.

The decision to mass test residents was also itself a policy u-turn -- Lam had previously ruled out such a step before backing it last month.

J.M.Ellis--TFWP