Oliver D.Stocker, a former investment banker moved to Hong Kong from London this month. He has spent many years in Asia before buying the auction house in 2002, and this time he is aiming for galvanizing Asian growth.

Being a good leader or CEO, Oliver ‘s movement to Hong Kong with his whole family expressed an important message to the customers and employees——He is confident of this place, and determined to pay a long-time effort here. This action would also bring confidence to the customers  of Oliver, and the employees enthusiasm towards work will grow at the same time.

A growing number of senior executives from large non-asian companies have now moved to cities with lots of business opportunity like Singapore, Hong Kong, Shanghai etc.

This phenomenon appears in recent years but the tendency is growing fast because while those western companies are suffer and struggle locally, Asia’s appetite for luxury goods and consumer becomes a key engine for them.

In the past ten years, as the Asian spending power highly improves, auction industry also  transferred their target market to this land. Hong Kong,for example, now ranks alongside New York as a Center for such sales.

For Oliver, Hong Kong will the most important long-time investment market for stamps and money collection.

“But you have really seen Asian buyers picking up steam and momentum over the past decade,” he said. “The region is the fastest growing in the world.”

Asian buyers of collections now account for one-third of the whole world. Not only for auction companies, but also most luxury goods company, like hermes, louis vuitton, Tiffany&Co. changed their vale proposition, their designs are increasingly in line with asian tastes to attract more eyeballs from Asia. Tiffany&Co just had a jewelry appreciation which is equivalent to the ones in New York and Europe in July and almost all those companies opened several new big stores in Hong Kong, Singapore and Shanghai because THIS IS A PLACE WITH HIGH-POTENTIAL.

HONG KONG ‘S Economic Development

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