Costco opened a new store in Shenzhen, China, in January.
Thousands of Hong Kong residents have since flocked to the store in search of discounts.
More than 15,000 Hong Kong members have signed up for the store, Costco's CFO said, per Bloomberg.
Among the droves of discount shoppers were many Hong Kongers, enticed across the boundary with mainland China by the store's discount prices.
More than 15,000 Hong Kong members have signed up for the Shenzhen store since it opened its doors, Richard Galanti, Costco's chief financial officer, told Bloomberg.
Persons:
—, Kongers, Richard Galanti
Organizations:
Costco, Hong Kong, Bloomberg, Service, Business
Locations:
Shenzhen, China, Hong Kong