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A-shares related to the ice and snow economy have weakened: Bingshan Refrigeration & Heat Transfer Technologies and Impulse(Qingdao)Health Tech both fell by more than 5%.
On December 24, according to Gelonghui, the A-share market for snow and ice economy Concept stocks weakened, with Crystal Snow Energy falling nearly 7%, Bingshan Refrigeration & Heat Transfer Technologies and Impulse(Qingdao)Health Tech down more than 5%, Changbai Mountain Tourism, New Universal Science and Technology, Dalian Sunasia Tourism Holding, Beijing Kaiwen Education Technology, and Oceanus Electric down more than 3%, and Funshine Culture Group and Fujian Snowman down more than 2%.
A-shares related to the snow and ice industry surged, with Bingshan Refrigeration & Heat Transfer Technologies hitting the daily limit.
Gelonghui, December 19 | Bingshan Refrigeration & Heat Transfer Technologies reached the daily limit, Crystal Snow Energy-saving increased nearly 10%, Fujian Snowman, Moon Environment Technology, and Long Jian Road & Bridge followed suit, while Changbai Mountain Tourism, Western Region Tourism, and Dalian Sunasia Tourism Holding quickly narrowed their declines. On the news front, on December 16, the General Office of the Ministry of Culture and Tourism released a notice regarding the announcement of the 2024-2025 National Ice and Snow Tourism Boutique Routes, confirming 12 routes as the national ice and snow tourism boutique routes for 2024-2025. According to Trip.com data, as December commenced, the search popularity of ice and snow tourism related products continued to rise. Harbin still ranked first in searches for ice and snow tourism, followed by Changchun.
Express News | Crystal Snow Energy Conservation: The company's current Operation situation is normal.
A-share afternoon review: The Shanghai Composite Index fell by 1.49%. AI applications and the ice and snow industry Concept rose against the trend.
As of noon, the Shanghai Composite Index fell by 1.49% to 3409.87 points, the Shenzhen Component Index fell by 1.74%, and the Chinext Price Index fell by 1.78%.
A-shares related to the winter sports economy have risen, with Bingshan Refrigeration & Heat Transfer Technologies and several other stocks reaching their upper limit.
On December 12, Long Jian Road & Bridge, Fujian Snowman, and Bingshan Refrigeration & Heat Transfer Technologies hit the limit-up, while Dalian Sunasia Tourism Holding, Changbai Mountain Tourism, Wuhan Sante Cableway Group, and others also saw significant gains. In terms of news, as December arrives, the icy tourism Consumer is also entering its peak season. According to data, the tourism boom in Northeast China is expected to continue until the Spring Festival. Data from Meituan shows that as of December 9, the volume of cultural and tourism pre-orders in Northeast China (from December to next January) has increased by 35% year-on-year.
Crystal Snow Energy (301010.SZ): The company has entered the ice and snow industry.
Gelonghui November 11th | Jin Xue Neng (301010.SZ) stated on the investor interaction platform that the company has also ventured into the ice and snow industry. We have participated in the construction of projects such as Wanda Mao Ski Resort, Yao Xue Ice and Snow World, and International Snow World Station.
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