Friday, 30th September 2005 (4224 views)

Gold jewellery stores in Hong Kong are expecting a record turnover at next week's Golden Week, which will see tourists flood into the island city.

Golden Week, a National Day holiday period in China, typically sees Chinese mainland tourists visiting Hong Kong in record numbers.

Stores typically experience a high level of turnover in this period, with jewellery stores in particular gearing up for an increase of up to 40 per cent in sales.

Last year, Hong Kong's three gold jewellery stores achieved a turnover of $6.45 million and more record sales are predicted for this year, according to the Chinese press.

The Hong Kong tourism commission has said it is expecting up to half a million mainland visitors over the ten-day period.

"We are ready to meet the challenge of another record-breaking Golden Week holiday," said tourism commissioner Eva Cheng.

 

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