I want to open a store in Hong Kong.



I am planning to move to Asia, where I want to start my own business selling audio equipment from the USA. Has anyone done something like this. If you have experience, give advice. What about licensing of copyright equipment?
rw125
millercarbon - What flu are you referring to?  Last I heard the Coronavirus (COVID-19) was the main health issue of the day.  Perhaps you are unaware that a Coronavirus is actually in the family of the common cold, also accurately called a Coronavirus.  The flu has zero to do with a Coronavirus, and is an entirely different “animal,” though both can and do kill when they progress to pneumonia.  Also the flu has recognized and approved very effective (if started early) treatments, as well as vaccines, we have neither yet for the Vid, though two vaccines appear very promising and are poised for approval.  If you detected a note of sarcasm you would be correct.
I would agree this is not a risk free venture, but I have a lot of ideas on how one could differentiate such a business in HK, as well as relationships with investors and some of the richest and most influential families there.  Feel free to PM me if you would like to discuss in further detail and yes, good luck!
No one mentioned tinfoil.
They mentioned aluminum foil.
However, everyone knows the best material for protective hats is tin.
Tinfoil. That's an insult, not an argument. Not even a proper insult at that.
@millercarbon I did notice what you say but then I took my aluminum foil suit off and all was good again. 
it is easy peasy... so many rich folk there wanting hifi gear, with no good places to buy any

please let us know how it goes
2008 was a liquidity driven event. The current crisis is entirely driven by politics. There is a global push to put all humanity under global governance with no individual property rights or rule of law. Hong Kong in particular hangs in the balance as the CCP shows clear intent to invade and conquer. "One China" is official CCP policy so please don’t even try and argue that one.

In case you haven’t noticed governments all over the world are using the flu as an excuse to declare emergency powers, close businesses, track, and monitor, and lock up entire populations. Millions of people all over the world are unemployed, with the biggest impact of all falling on small businesses- exactly what the OP wants to be!

If the people win and things return to normal then yes, great time to start a new business. IF we win. If they win, worst time ever. This might be a good time to reflect on the full ramifications of the enemy’s choice of language. They call it the new normal. As in, tyranny: the new normal. Oppression: the new normal. Like that.

With, again, Hong Kong ground zero.
Could be a great time to open a business. People were saying the same things in 2008 after the last crash.

This HiFi group are somewhere close to Hong Kong (I think Malaysia) and have world-wide members. Check it out.

https://www.facebook.com/groups/306848422730744/

From what I have seen, admittedly limited, high end audio is marketed much different in Asia.  I have seen photos of huge box stores with Sonus Faber and other high-end brands stacked on open shelves like toilet paper in Wallmart.  I can't say if it's good or bad, but it certainly is different.  As an aside, why would anyone want to consider opening a new business at this moment in time?  I was saying to a friend the other day - can you imagine all the people who perhaps bought new businesses and signed leases for stores last March, only to find out they couldn't open?  What a horrible situation to be in. 
Relocating to a new country, starting a new business, in a field you apparently know little to nothing about. These aren’t risky enough challenges. You want to do it ground zero in the one place most likely to trigger global nuclear war.

Oh, and its your first post. 

All I can say, You go, girl!

Hard to believe that you would even consider opening any kind of business in Hong Kong. Why?
I hope you have a lot of disposable income to burn. Wingsuit flying might be less risky. Perhaps you have the means to compete with big boys such as referenced in the link below? 

Perhaps talk to Richard Austen, a fellow reviewer at Dagogo.com, who has been there for about 10 years. 

https://www.dagogo.com/hong-kong-license-thrill-part-1-hong-kong-love/
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My advice is you might want to familiarize yourself with what is currently transpiring in Hong Kong, at what is coming.