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Jianting Hotel (301073): Open franchise Business, accelerate expansion.
Report introduction: The pace of open franchising exceeds expectations, and the scale of expansion is expected to accelerate significantly. Investment points: Open franchising exceeds expectations, which will accelerate scale expansion. Considering the macroeconomic fluctuations that drag down the performance of directly-operated stores and the prolonged ramp-up period for newly opened stores, the forecast is adjusted.
As the Spring Festival holiday approaches, the tourism Industry is expected to pick up, and these Concept stocks are frequently being investigated.
The Spring Festival holiday is from January 28 to February 4, 2025, totaling 8 days.
Junting Hotel (301073): Joining hands with Hilton to jointly develop the high-end hotel market.
Core viewpoint: Event: According to the news from Junting Hotel's official account, the company announced on November 6 that it signed a global strategy letter of intent with Hilton Group. Both parties intend to establish a long-term, comprehensive partnership to jointly promote high-end hotels and destinations in china mainland.
A-share market review: Trading volume shrinks but rises! The chinext price index increased by 1.11%, with strong performance from stocks related to the Kimi concept and local stocks in Shanghai.
Great Wisdom November 13th | A-share main indexes weakened in early trading today, rallied near the end of the day; As of the close, the Shanghai index rose by 0.51% to 3439 points, the shenzhen component index rose by 0.4%, and the chinext price index rose by 1.11%. Total trading volume for the day was 2.01 trillion yuan, a decrease of 541.5 billion yuan compared to the previous trading day, with an equal number of rising and falling stocks in the all market. On the market, AI corpus, Kimi concept sector rose, Easy Point Times surged by over 16%; shanghai deployed support for listed companies' mergers and acquisitions, local stocks in shanghai rose, with multiple stocks like arcplus group plc hitting the limit up; pinduoduo concept strengthened, beijing zhidemai technology surged by 20%; Wisdom Spectrum AI, Cultural Media.
A-share tourism and hotel sector down, Junting Hotel down nearly 10%.
Gelonghui November 13th | Junting Hotel fell nearly 10%, Xiyu Tourism, Utour Group, Huatian Hotel Group, Anhui Jiuhuashan Tourism Development, Jiangsu Tianmu Lake Tourism followed the decline.
Express News | Hilton Group and Genting Hotel Group signed a letter of intent for strategic cooperation.