Hong Kong Tourism Board: It is expected that 1.45 million Mainland Chinese tourists will enter Hong Kong during the Spring Festival, representing a 15% increase compared to last year.
The lunar new year is approaching.
As the Lunar New Year approaches, the Hong Kong Tourism Board predicts that there will be around 1.45 million mainland Chinese tourists entering Hong Kong during the 8-day Golden Week holiday period, an increase of 15% compared to last year. The number has already returned to 90% of pre-pandemic levels, with the peak influx of mainland tourists expected to occur from the second day to the fourth day of the Lunar New Year (January 30th to February 1st), with the highest daily influx reaching 210,000 mainland tourists.
Mainland tourists entering Hong Kong are mainly independent travelers, with over 2,000 tour groups, accounting for about 5% of the total mainland tourists. The Council estimates that 70% of mainland tour groups will stay overnight in Hong Kong, with most staying for a two-day, one-night trip, and hotel occupancy rates during the Chinese New Year period are expected to be close to 90%.
Yang Shufen, the Secretary-General of the Council, stated that there are many festive activities in Hong Kong every day during the Lunar New Year, including float parades and fireworks displays. In addition, the Lam Tsuen Wishing Trees in Tai Po also have a strong festive atmosphere, and with Shenzhen reopening for multiple entries, it is believed that the market will be bustling during the Chinese New Year period.
Related Articles

Inflation has not yet led to a strong rebound in the bond market, US bonds are experiencing their best performance in the first half of 2020.

The bull market in US stocks continues? High valuations face performance tests.

Atlanta Fed President Reiterates Cautious Stance, Still Expects Only One Rate Cut in 2025
Inflation has not yet led to a strong rebound in the bond market, US bonds are experiencing their best performance in the first half of 2020.

The bull market in US stocks continues? High valuations face performance tests.

Atlanta Fed President Reiterates Cautious Stance, Still Expects Only One Rate Cut in 2025

RECOMMEND

Trump Signals End to Trade Talks, Vows to Impose Tariffs Unilaterally Ahead of July 9 Deadline
30/06/2025

One License Unlocks HKD 23.4 Billion Surge: Unpacking Hong Kong’s Ambitions as a Global Virtual Asset Hub
30/06/2025

16 Companies Submit IPO Applications in One Day; Hong Kong IPO Fundraising Hits Three-Year High
30/06/2025