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Express News | More than ten Stocks received upgraded ratings from Brokerages, with significant performance growth providing the greatest 'emotional value'.
Hong Kong stocks are moving | Travel Concept stocks are rising today as measures to promote Consumer spending in cultural tourism and extend holidays are announced. Travel demand is expected to be concentrated during the Spring Festival.
Travel Concept stocks experienced a widespread increase today. As of the time of writing, TONGCHENGTRAVEL (00780) is up by 3.83%, trading at 18.96 HKD; TRIP.COM-S (09961) is up by 3.7%, trading at 532 HKD; China Tourism Group Duty Free Corporation (01880) is up by 2.74%, trading at 48.7 HKD; CHINA TRAVEL HK (00308) is up by 1.02%, trading at 0.99 HKD.
Hong Kong stock movements | China Tourism Group Duty Free Corporation (01880) rose over 3%. The company is expected to achieve positive revenue growth by 2025, with market share in Hainan gradually increasing.
China Tourism Group Duty Free Corporation (01880) rose over 3% during trading, as of the time of writing, it increased by 2.85%, trading at 48.75 Hong Kong dollars, with a transaction amount of 67.6826 million Hong Kong dollars.
China Tourism Group Duty Free Corporation (601888): Q4 profit margin hits bottom, awaiting a consumer rebound.
The performance forecast is below expectations, with EPS for 2024-2026 adjusted to 2.06 (-0.32), 2.44 (-0.40), and 2.74 (-0.52) yuan respectively. Referring to the valuation of comparable companies in the same industry and considering the strong position of China Tourism Group Duty Free Corporation as an industry leader, a slightly above-average industry PE of 32 times is granted for 2025, and the Company's Target Price is adjusted to 78.08 yuan, maintaining a Shareholding rating.
China Tourism Group Duty Free Corporation (01880.HK) received a Shareholding of 0.1581 million shares of Listed in Hong Kong from JPMorgan, valued at approximately 7.2878 million Hong Kong dollars.
On January 17, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on January 17, JPMorgan acquired an additional 158,100 shares of China Tourism Group Duty Free Corporation (01880.HK) at an average price of HK$46.1001 per share on the exchange and an average price of HK$46.4971 per share off the exchange, totaling approximately HK$7.2878 million. After the acquisition, JPMorgan's latest shareholding is 7.1194 million shares, and the shareholding ratio increased from 5.98% to 6.11%. Image source: Stock disclosure by the Stock Exchange. What is equity disclosure?
Express News | Citigroup: The Target Price for China Tourism Group Duty Free Corporation listed in Hong Kong is lowered to HKD 67, as the preliminary performance for 2024 is below expectations.