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Hong Kong local consumer stocks surged, with Prada (01913) rising over 6%. Shenzhen implements "one visa, multiple trips" policy for travel to Hong Kong.
hk based consumer companies experienced a general rise; as of the time of writing, prada (01913) rose by 6.1%, priced at 56.55 HKD; bossini int'l (00592) increased by 5.32%, priced at 0.099 HKD; samsonite (01910) went up by 4.05%, priced at 21.85 HKD.
Express News | Hong Kong Financial Secretary Paul Chan Mo-po: Shenzhen's 'multiple entries under one visa' scheme has resumed, supporting local tourism, retail, and dining industries.
"One sign, multiple lines" and "one line a week" will be implemented, with a significant increase in search volume for Hong Kong and Macao destinations!
On November 29th, the Exit and Entry Administration of the People's Republic of China announced that, with the approval of the State Council, the "one sign, multiple trips" policy for traveling to Hong Kong will be implemented in Shenzhen, Guangdong Province, the "one week, one trip" policy for traveling to Macau will be implemented in Zhuhai, and the "one sign, multiple trips" policy for traveling to Macau will be implemented in the Hengqin Guangdong-Macao Deep Cooperation Zone.
With the new policies for travel to Hong Kong and Macau, local consumer stocks in Hong Kong and Macau casino stocks have surged! sa sa int'l rose over 7%.
①What are the specific contents of the new policy for visas to travel to Hong Kong and Macau? ②How do institutions view the current tourism to Hong Kong and Macau?
"One sign, multiple lanes" and "one week, one lane" will be implemented, making travel to and from Hong Kong and Macau more convenient.
According to the announcement of the Exit and Entry Administration, with the approval of the State Council, the Exit and Entry Administration of the People's Republic of China has decided to implement the "one visa multiple entries" policy for traveling to Hong Kong in Shenzhen City of guangdong Province, the "one trip per week" policy for traveling to Macau in Zhuhai City of guangdong Province, and the "one visa multiple entries" policy for traveling to Macau in the Hengqin Guangdong-Macau Deep Cooperation Zone.
Express News | "One entry, multiple exits" and "one entry per week" will be implemented! It will be more convenient to travel to Hong Kong and Macau.
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