Hong Kong visitor numbers jump for Chinese New Year holiday as gold sales shine

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During the Chinese New Year holiday (February 15-23), Hong Kong experienced a 14% increase in visitor arrivals, totaling 1.77 million, primarily driven by mainland Chinese tourists. Despite this rise in inbound tourism, the city saw a larger outflow of residents, with 3.95 million outbound trips taken between February 13-23, a 10% increase compared to last year. Overall, 10.82 million passenger trips were recorded through Hong Kong's border control points, slightly below government projections. While the broader retail recovery remained uneven, some retailers reported strong sales of gold and jewelry, with individual purchases reaching millions of Hong Kong dollars.
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