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HK retailers see golden week boost but warn of modest gains as mainland tourists stay cautious
South China Morning PostLO·HK · CN·2 days ago
Mainland Chinese arrivals to Hong Kong surged to 277,300 on the first day of the National Day holiday, about 47% of total inbound passengers, indicating robust cross-border consumption. The trend continues a post-pandemic recovery in tourism-driven retail, with early Friday arrivals already at 68,800. This signals sustained consumer spending in Hong Kong's retail sector, though full-week data is pending.
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