SHANGHAI (TVBS News) — Taiwanese pop singer Jay Chou will hold four consecutive performances in Shanghai starting Thursday (Oct. 12). However, a newly implemented real-name system has led to mass ticket returns from scalpers.
According to Securities Times, the Culture and Tourism Ministry of the People's Republic of China introduced the system on Sept. 13, mandating real-name ticket purchases and entries for major concerts.
For Chou's Shanghai tour, tickets went on sale on Sept.12. The real-name system introduced a day later marked a significant obstacle to scalping activity, prompting a wave of ticket returns.
Jay Chou Carnival World Tour previously hit Tianjin, where tickets with a face value of CN¥ 2000 (around NT$8934) were being resold for over a staggering CN¥ 100,000 (roughly NT$440,000). Since a real-name system had not been enforced then, scalpers profited greatly by hoarding tickets.
The scalpers, also called "huangniu" (黄牛), are a common sight, especially at entertainment shows in both China and Taiwan, where they resell tickets they've booked out for a higher price to the public.