Vendors at Hong Kong’s largest Lunar New Year fair are slashing their prices on flowers and other goods to clear stock, reporting weaker sales on the final day of operations, while some visitors have said they are spending cautiously.
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Financial Secretary Paul Chan Mo-po visited the 395-stall fair at Victoria Park in Causeway Bay on Tuesday afternoon and encouraged the public to support local businesses during the new year holiday.
Thousands of residents also seized the chance to shop at the fair, bringing home pots of auspicious flowers and other items for good luck in the Year of the Snake.
The market, which has crowd control measures in place, will remain open overnight until 7am on Wednesday.
Vendors were eager to clear their stock by offering steep discounts. The company Better Garden gave a 40 per cent discount on all its home-grown orchids from Kam Tin.
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