Caixin

Spring Festival Crowds Lift Hong Kong Retail, Fuel Macao Casino Boom

Published: Feb. 25, 2026  1:36 a.m.  GMT+8
00:00
00:00/00:00
Listen to this article 1x
Tourists take photos of Victoria Harbour from the Avenue of Stars in Tsim Sha Tsui, Hong Kong, on Feb. 15, 2026. Photo: IC
Tourists take photos of Victoria Harbour from the Avenue of Stars in Tsim Sha Tsui, Hong Kong, on Feb. 15, 2026. Photo: IC

Hong Kong welcomed more than 1.5 million visitors from the Chinese mainland during the nine-day Spring Festival holiday, while high-stakes gambling in neighboring Macao climbed to record levels.

Total arrivals to Hong Kong reached about 1.77 million during the break, which ended Monday. Travelers from the Chinese mainland accounted for 85% of the total. The daily average number of mainland visitors rose 6.3% from the same holiday period in 2025, exceeding the government’s earlier projection of 1.43 million arrivals.

loadingImg
You've accessed an article available only to subscribers
VIEW OPTIONS

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.

Share this article
Open WeChat and scan the QR code
DIGEST HUB
Digest Hub Back
Explore the story in 30 seconds
  • Hong Kong received about 1.77 million visitors during the nine-day Spring Festival, 85% from mainland China, surpassing official projections.
  • Large-scale events boosted local retail, while West Kowloon station became the top entry point with over 51,000 daily arrivals at peak.
  • Macao's gaming sector saw record wagers, with premium mass bets up 13% year-on-year and projected February gross gaming revenue at $2.5 billion.
AI generated, for reference only
Who’s Who
Citigroup Inc.
Citigroup Inc. reported on Macao's gaming sector, noting a 13% increase in average wagers in the premium mass segment during the Spring Festival holiday, reaching HK$29,625. They observed a rise in high-end spending with more gamblers placing bets over HK$500,000 compared to the previous year. Citigroup forecasts Macao's gross gaming revenue for February to hit 20 billion patacas.
AI generated, for reference only
Subscribe to unlock Digest Hub
SUBSCRIBE NOW
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription