Some Hong Kong retail stocks rose. As of press release, Prada (01913) rose 4.72% to HK$49.95; Baoshilong (00592) rose 4.35% to HK$0.12.
The Zhitong Finance App learned that some Hong Kong retail stocks rose. As of press release, Prada (01913) rose 4.72% to HK$49.95; Fort Shilong (00592) rose 4.35% to HK$0.12; Chow Tai ?$#@$ (01929) rose 1.42% to HK$11.42; and Giordano International (00709) rose 0.51% to HK$1.97.
According to the news, according to Voice of the Greater Bay Area, the Immigration Department (Immigration Department) of the Hong Kong Special Administrative Region Government expects more than 7.5 million visitors (including Hong Kong residents and visitors) to enter and leave Hong Kong through various sea, land and air control points during the Lunar New Year holiday period this year (that is, February 9 to February 17). After negotiations between the Hong Kong Immigration Department and the Mainland's Shenzhen Border Control Terminal and other departments, it is estimated that about 6 million people will enter and leave Hong Kong through various land border control points.
The Hong Kong Government Statistics Department recently released the latest retail sales figures. The provisional estimate for total retail sales value in December 2023 was HK$36.3 billion, up 7.8% from the same month of 2022. The provisional estimate of total retail sales value for 2023 is HK$406.7 billion, up 16.2% year over year. A Hong Kong government spokesman said that looking forward to the future, the number of visitors to Hong Kong should rise further as reception capacity continues to recover. The increase in household income is also beneficial to local consumption. These factors, combined with the Government's efforts to promote events and launch a number of events (including “18 Districts Have Fun Day and Night”), should support the retail business.