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Hong Kong Arrivals to Plunge 99% in February on Virus

Hong Kong Commuters As Coronavirus Fears Linger
Photographer: Paul Yeung/Bloomberg

Early indicators of damage to Hong Kong’s economy from the coronavirus outbreak aren’t pretty. Preliminary visitor arrivals data for February show average daily traffic to the city plummeted to fewer than 3,000 people, according to the Hong Kong Tourism Board. That’s an almost 99% decline from just shy of 200,000 a day during the same period last year, data compiled by Bloomberg show. Even the month-on-month change is staggering, as arrivals averaged about 100,000 a day in January despite China escalating shutdowns at the end of the month to contain the virus.