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Hong Kong: Businesses thrive ahead of Lunar New Year

Flower vendors across Hong Kong are expecting a significant boost in business turnover this year with forecasts of a 20 percent increase as all 15 week-long Lunar New Year fairs opened yesterday. Many of the stalls feature unique products, including giant panda-themed items.

Vendors at the largest market in Victoria Park - which boasts 391 goods and wet vendors, along with four fast-food stalls - began setting up early.

Wong, a flower vendor with over 20 years' experience at the Victoria Park fair, noted a marked increase in visitor traffic compared to previous years, with customers spending an average of over HK$1,000. Despite rising delivery fees and costs, which prompted Wong to increase prices by 10 to 20 percent, consumers continue to show a strong willingness to buy.

Kwok Choi-tim, owner of Choi Lee Garden, shared with Sing Tao Daily, the sister publication of The Standard, that this year's peach blossoms are blooming on schedule, with customers actively purchasing flowers.

Read more at The Standard

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