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Hong Kong stock concept tracking | China's tourism industry has significantly recovered. OTA platforms continue to see high performance growth (concept stock attached)
On November 12, the State Council issued a decision to amend the "National Holidays and Memorial Days Holiday Regulations", including extending the Spring Festival and May Day holidays by one day each, adjusting and modifying the general work duration to not exceed 6 days before and after statutory holidays.
Insurance capital is intensively increasing stakes in dividend stocks! What is the reason?
Currently, there are quite a few shareholders of insurance funds that hold more than 5% of the circulating shares of listed companies. In addition to some being unlocked restricted shares, there have also been many actions of shareholding and new stakes taken, with at least 14 instances of such actions this year.
Right For Malaysia's Energy Transition To Include Nuclear
Hong Kong stock market anomaly | China Tourism Group Duty Free Corporation (01880) fell more than 4%, core financial data under pressure in the third quarter. Institutions are bullish on the restoration of duty-free outlets at ports after the opening of o
China Tourism Group Duty Free Corporation (01880) fell over 4%, as of the publication time, down 4.6%, trading at 51.9 Hong Kong dollars, with a transaction amount of 98.7536 million Hong Kong dollars.
Research reports | Debon Securities: Maintaining a "buy" rating on China Tourism Group Duty Free Corporation, hainan passenger flow has recovered well, consumer power is gradually restored
On November 14, Gelonghui reported that Debon Securities' research report pointed out that china tourism group duty free corporation (601888.SH) had Q3 revenue of 11.756 billion, down 21.52% year-on-year, with a net income attributable to the parent company of 0.636 billion, down 52.53% year-on-year, and a net income excluding non-recurring gains and losses of 0.635 billion, down 52.49% year-on-year, indicating a weakened profitability compared to H1. Looking ahead to Q4, during the National Day holiday, there were 0.765 billion domestic tourists nationwide, an increase of 5.9% year-on-year on a comparable basis, and an increase of 10.2% compared to the same period in 2019, with total spending by domestic tourists reaching 700.817 billion yuan, representing a year-on-year increase of 6% on a comparable basis.
Hong Kong stock concept tracking | In 2024, the international tourism industry is expected to achieve or exceed the scale of 2019. The continued benefits to the tourism OTA platforms (including concept stocks).
OTA platforms will continue to benefit from the high growth of inbound and outbound travel as well as the prosperity of domestic travel.
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