Since January 8th, China, Hong Kong, and Macau have adopted the full flow customs clearance policies. Among of them, the arrival tourists to Macau have rebounded sharply. The daily tourists have risen to forty thousand. Compared with Hong Kong, its daily tourists are only about eight thousand. In terms of tourists, Macau has already lead Hong Kong by a large margin. The influx of substantial number of tourists boosts up Macau’s economies at once. The revenues of retailing, food & beverage industry and casinos have been rebounding immensely, and the rent of shops also starts to bounce back.
The entry number of mainland tourists to Hong Kong is comparatively low. In fact, the city hub of Hong Kong is much larger than 
Macau, so the public of Hong Kong does not feel the obvious benefits of their consumption power to the retail industry. On the contrary, economic activities’ momentum has been improving in Macau, and it launches further promotion by offering a bonus free return ticket to anyone for buying a ferry ticket to Macau. Hong Kong may also consider offering exclusive discounts to tourists to stimulate their consumption in Hong Kong.
During the non-public holiday in Macau, the mainland tourists’ consumption has been increasing the gambling industries’ revenues. If Hong Kong can attract more than fifty thousand mainland tourists per day, the business sentiment of Hong Kong will turn better significantly.
Hong Kong is moving back to normal. Although the mainland tourists may not buy the local properties at once, but their reappearance in Hong Kong has improved the business atmosphere. However, the local users are aware this situation and they start to speed up the pace of entering the market. The fundamental environment has changed better, and it will nourish the property market to rebound in later date.
In the last three year, the blockade and the strict pandemic prevention policies have done impacts to China and Hong Kong. In addition, the U.S. Federal Reserve is still to keep the hike interest rate policy. Therefore, the rebound of the property market in this year will not be too strong and dramatic.
The property market has touched the lowest point and the self-users can consider buying the proper units which they can afford. If the investors find the premises which are below the fair price, they should not miss these opportunities either.
