Business leaders and analysts mentioned on Monday they had been adamant the resumption of multi-entry visas for Shenzhen residents would drive up this 12 months’s vacationer numbers and spur financial progress.
Immigration information confirmed a mixed 832,076 residents had left the town on Saturday and Sunday, with solely 366,856 arrivals being logged, of which 79.4 per cent had been mainland Chinese language guests.
The Lunar New Yr break begins on Wednesday in Hong Kong.
Simon Wong Ka-wo, president of the Hong Kong Federation of Eating places and Associated Trades, mentioned the town’s financial atmosphere was displaying indicators of enchancment as folks had been turning into much less cautious about forking out.
He anticipated a rise in enterprise of greater than 10 per cent in contrast with the earlier Lunar New Yr, as residents had been holding reunion dinners over the previous few weeks.