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Hong Kong: Flower sales slower than expected ahead of lunar New Year

Flower vendors at the Lunar New Year market in Hong Kong's Victoria Park have reported poorer sales compared with last year despite the higher footfall, but trendy accessories and snake-themed paraphernalia have proved a hit with shoppers. The 395-stall Victoria Park Chinese New Year Market, the city's largest, was bustling with shoppers on Saturday, with the Post observing thousands in the area and growing crowd numbers as the day progressed.

But Lee Siu-ming, owner of Chun Shing Flowers Trading, which mainly specializes in orchids, said the crowds did not necessarily bring increased sales and that business was down by about 30 percent compared with last year.

"People aren't willing to spend," he said. "I am negotiating prices with them till my gums bleed, but some of them still aren't convinced."

He cited a struggling economy and the continuing trend of Hongkongers shopping in Shenzhen and elsewhere in mainland China as possible reasons for the slump.

Read more at My News

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