Starting in March next year, Kyoto will increase the Lodging tax, with a maximum collection of 0.01 million yen.

On Tuesday (25th), the Kyoto City Council passed a proposal to raise the "Lodging Tax," changing it from a three-tier system to a five-tier system, with the highest tax amount increased significantly from 1,000 yen to 0.01 million yen. The new tax system is expected to officially take effect on March 1 of next year. Under the new Lodging Tax proposal, accommodations costing less than 6,000 yen per person per night will be taxed at 200 yen; accommodations ranging from 6,000 yen to less than 0.02 million yen will be taxed at 400 yen; accommodations between 0.02 million and less than 0.05 million yen will incur a tax of 1,000 yen; accommodations from 0.05 million to less than 0.1 million yen will be taxed at 4,000 yen; as for the highest...

AASTOCKSMar 25 14:36

In "The Great Company", CICC lists the preferred overseas Chinese-funded stock strategy combination (table).

CICC published a report listing the preferred overseas Chinese stock strategy portfolio: Tencent (00700.HK), Alibaba (09988.HK), China Mobile (00941.HK), Xiaomi-W (01810.HK), MEITUAN-W (03690.HK), CNOOC (00883.HK), BYD (01211.HK), Trip.com-S (09961.HK), SMIC (00981.HK), Anta (02020.HK), POP MART (09992.HK), Sunny Optical (02382.HK), China Pacific Insurance (02601).

AASTOCKSMar 24 12:35

[Brokerage Focus] CICC: With the further strengthening of stable growth policies, the Consumer sector is expected to gradually welcome a trend market.

Jinwu Finance | The Zhongjin report points out that according to Wind Statistics, since the beginning of the year, the Consumer and CSI Consumer 360 index have risen by 0.5% and 1.4%, respectively, in the context of significant attention in the Technology growth sector, with an overall performance that is relatively moderate, slightly better than the overall market (the CSI 300 Index has slightly decreased by 0.5% during the same period). The bank stated that recently, with the benefits of policies in the consumer sector and a marginal improvement in expectations for China's economic growth, interest in the consumer sector has increased, but market volatility remains large. Considering the current macro environment, the overall allocation to the consumer sector may still be in a relatively left-side phase, and in the short to medium term (3-6 months), it may still present phase-like and structural opportunities.

King Wu Financial NewsMar 24 08:58

Ctrip's inbound travel ticket sales surged by 595% in 2024.

On March 22, 2023, Gelonghui reported that Ctrip's "2024 Observation of China's Inbound Tourism Market" indicated that thanks to the benefits of visa-free policies for inbound travelers and improvements in transportation capacity, the convenience of self-guided travel for inbound tourists and the ease of purchasing travel products online and offline has significantly increased. The platform's inbound tourism ticket volume in 2024 is projected to grow by 595% year-on-year, with the order volume for one-day inbound tour products achieving a remarkable growth of over 10 times. Ctrip indicated that the structure of inbound visitors is becoming more diversified, with over 50% of inbound tourists coming from Asia, and Singapore has become the second largest source market. Additionally, Gen Z travelers account for over 30% of the tourism market, with a notable representation of female travelers.

Gelonghui FinanceMar 22 15:01

New narratives in the travel market, a duet of OTAs moving downward and outward.

From this point, looking back at the CSI Consumer 360 index in 2024, the tourism Industry shows explosive growth, making it a leader and gradually establishing an important strategic position for the tourism Industry in the national economy.

Gelonghui FinanceMar 21 08:55

In February, the number of foreign travelers visiting Japan increased by nearly 17% year-on-year, but the number of travelers from Hong Kong dropped by a rare 5%.

The Japan National Tourism Organization announced that in February this year, the number of foreign travelers visiting Japan reached 3.2581 million, an increase of 16.9% year-on-year. For the first two months of this year, the total number of foreign visitors to Japan amounted to 7.0393 million, an increase of 28.5% year-on-year. When categorized by different countries or regions, the number of visitors from Russia saw the most rapid increase in February, rising 96.1% year-on-year to 5,700; followed by travelers from the Middle East, up 73.5% year-on-year to 0.0108 million; and then travelers from China, rising 57.3% year-on-year to 0.7227 million. As for travelers from Hong Kong, the number recorded in the month was 19.55.

AASTOCKSMar 20 09:01