Monday, October 1, 2012

Hong Kong hopes high for 'long' golden week





Hong Kong retailers hope the extended "golden week" national holiday will boost sales that have stagnated in recent months.


But market analysts don't expect shoppers to spend as freely as they did a year ago due to the weak economy.


The National Day holiday this year coincides with the Mid-Autumn Festival, resulting in an eight-day break from yesterday until next Sunday.


The extra day is a business opportunity for retailers, travel agencies, restaurants and hotels in Hong Kong, a popular travel destination for mainlanders.









via Business feed http://www.scmp.com/business/money/spending/article/1051106/hong-kong-hopes-high-long-golden-week

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