As soon as the news of Japan easing tourist visas for people from China was released, local retail travel stocks surged immediately.

① The Japanese Foreign Minister, Toshimitsu Motegi, announced the relaxation of visa requirements for Chinese tourists to Japan, expected to be implemented in spring 2025. ② After the announcement, retail and tourism-related stocks in Japan rose, with J. Front Retailing Co. soaring by 8.38%, while Isetan Mitsukoshi Holdings and Takashimaya increased by 6.98% and 3.69%, respectively.

cls.cnDec 26, 2024 13:37

China and Japan will introduce policies to facilitate tourism, and Japanese retail and tourism stocks have responded with an increase.

Retail and tourism-related stocks in Japan rose after the Chinese government and the Japanese government agreed to introduce more facilitation measures to promote mutual visits of tourists between the two countries.

Zhitong FinanceDec 26, 2024 10:40

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