Shangri-La Asia Maintains Stable Share Capital in January 2025
Express News | Today, 583 Hong Kong stocks were short-sold, with a total short-selling amount of 17.796 billion HKD.
The first Shangri-La Group hotel in Cambodia has opened in Phnom Penh, featuring 303 rooms.
Shangri-La Group announced that the Shangri-La Hotel in Phnom Penh will officially open tomorrow (28th), marking the group's first entry into the Cambodian market. The hotel features 303 rooms and suites. The group stated that the Shangri-La Hotel in Phnom Penh will become an important driver for local tourism and business development, enhancing the city's appeal to international tourists and local business professionals. The hotel is located on the top of a 228-meter tall building on Koh Pich Diamond Island in Phnom Penh. This building is one of the three-tower architectural landmarks and is among the tallest buildings in the capital.
CCTV interprets a more proactive fiscal policy: next year's fiscal funding will be allocated earlier, faster, and in greater amounts.
Next year, a more proactive fiscal policy will be implemented. What measures will the Ministry of Finance take? Where will the fiscal funds be focused? What impact will this have on our lives?
Shangri-La Asia Announces Change in Share Registrar
Booking.com indicates that hotel bookings in Hong Kong during the Christmas period are positive.
The regional manager for Taiwan and Hong Kong at the travel booking platform Booking.com, Jan Ya, introduced that during the Christmas period, hotel bookings in Hong Kong on this platform showed positive performance, indicating that the tourism market is recovering healthily and steadily.
Express News | A responsible person from the Central Financial Office stated: Next year, efforts will be made to enhance consumer capacity and increase consumer willingness, while addressing changes in consumer structure and improving the compatibility of supply and dem
Express News | The Financial Regulatory Administration: Assisting in boosting Consumer and supporting the expansion of bulk consumption, service consumption, and new types of consumption.
The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
Express News | Minister of Commerce Wang Wentao: We should treat expanding Consumer as a support for economic growth next year.
Express News | Central Economic Work Conference: Next year, efforts will be made to stimulate Consumer demand, improve investment efficiency, and comprehensively expand domestic demand.
Goldman Sachs' investment ratings and target prices for travel, leisure, and transportation stocks in China (table).
Goldman Sachs published a research report listing the latest investment ratings and target prices for stocks in the China travel, leisure, and transportation sectors as follows: | Stock | Investment Rating | Target PriceSJM Holdings (00880.HK) | Buy | HK$4.2 → HK$3.5Melco Resorts and Entertainment (MLCO.US) | Buy | $10.7 → $8.9Galaxy Entertainment (00027.HK) | Buy | HK$54.2 → HK$51.4Sands China Ltd (01928.HK) | Buy | HK$28 → HK$26
Goldman Sachs: Next year, the top picks in the tourism, leisure, and transportation sector in China are Trip.com (09961.HK), Tongcheng (00780.HK), h world group (01179.HK), Galaxy Entertainment (0027.HK), Sands China (01928.HK), Air China (00753.HK), cosc
Goldman Sachs have released a research report indicating that two years after the epidemic, China's travel demand has largely returned to normal. It is expected that outbound and inbound travel to the mainland will grow in sync next year. In addition to benefiting online travel platforms (OTA), this will also drive the development of hotels and airlines. Currently, it is predicted that the stock prices of China's travel, leisure, and transportation sector will stabilize from the end of the first quarter next year, and hotel and airlines company valuations are expected to see a modest rebound. The bank also sees potential for the Macau gaming industry to benefit from policy support, improving market sentiment. It is expected that the industry will face reduced profit pressure under market competition easing. Sectors that Goldman Sachs is currently less bullish on include airports, duty-free, and travel technology.
Shangri-La Asia Maintains Stable Share Capital
Consumer potential has been validated by data! Hong Kong stock tourism concept stocks have been popular for several consecutive days, with meilan airport rising nearly 13%.
① Hong Kong stocks in the travel concept sector have been popular for several days; what bullish factors are driving the sector's trends? ② The potential for travel consumer spending has been validated; how do institutions view it?
Shangri-La Asia's Malaysian Subsidiary Releases Key Announcement
Express News | The holiday arrangements for 2025 are here: both the Spring Festival and Labor Day have been extended by 1 day.
Tourism Board: The number of visitors to Hong Kong in September increased by about 10% year-on-year, with a nearly 40% year-on-year increase in the first three quarters accumulated.
According to the Tourism Board, the number of visitors to Hong Kong in September is close to 3.1 million, an increase of about 10% year-on-year, with approximately half of them being overnight visitors. In the first three quarters of this year, the number of visitors to Hong Kong has increased by nearly 40% year-on-year, with mainland and non-mainland visitors to Hong Kong seeing respective increases of 35% and 59% year-on-year.
Express News | The Legislative Council of the Hong Kong Special Administrative Region has passed a bill to reinstate the 3% hotel room tax.
Shangri-La Asia Grants Share Awards Under Incentive Scheme