Boost for Hong Kong businesses over break despite 1.4 million locals leaving

Boost for Hong Kong businesses over break despite 1.4 million locals leaving

Restaurateurs and retailers in Hong Kong reported increased foot traffic and business throughout the first four days of mainland China’s Labour Day “golden week” break compared with last year, but the number of departing locals was still nearly 50 per cent more than incoming visitors. Data from Hong Kong’s Immigration Department also showed that travellers…

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Boost for Hong Kong businesses over break despite 1.4 million locals leaving

Boost for Hong Kong businesses over break despite 1.4 million locals leaving

Restaurateurs and retailers in Hong Kong reported increased foot traffic and business throughout the first four days of mainland China’s Labour Day “golden week” break compared with last year, but the number of departing locals was still nearly 50 per cent more than incoming visitors. Data from Hong Kong’s Immigration Department also showed that travellers…

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Hong Kong skyline from above

Hong Kong GDP Q1 2025

Hong Kong: Economy records fastest growth since Q4 2023 in the first quarter GDP reading: GDP growth sped up to 3.1% year on year in the first quarter from 2.5% in the fourth quarter of last year and marked the strongest expansion since Q4 2023. Rebounding fixed investment, higher tourism, and a surge in goods…

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