Most camera items are cheaper but might not apply to all items, esp the high end products. Sometimes, if Nikon have seasonal promotion like double/triple rebate, US price might be lower than in Hong Kong.
If one buy cameras in Hong Kong, better check the good shops before shopping. Most good dealers ain't in busy tourist shopping area.... they are using in place where land is cheaper.
I think D2X price in Hong Kong will be lower than in US, esp when tax are counted, but the differences might not be significant (unless you buy grey) enough for all the troubles... if you buy locally in US, you can have it refund (not easy in HK, we usually can replace another unit, or other more expensive model only if it does not function well), or get it replaced quickly..
My mom went to asia for her vacation. I asked her to buy something camera equipment in Japan. My mom found out that HK sell lower price better than Japan.
Yes, price in Hong Kong is cheaper than in Japan (most items), but japan 've some items that cannot be found elsewhere (excluding grey market). I think price in HK is cheaper than in Japan mainly becuase of tax..we basically have no import tax and no sales tax. (only some itmes have import tax and they are all VERY high tax rate..say, 100% and it's even higher for tabarcco). i think the price are also adjusted to the market's needs (all things are basically cheaper here). i guess cost for logistics within the city(it's a really tiny city with a lot of people...) might be another reason for cheaper camera too.