00169 WANDA HOTEL DEV
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WANDA HOTEL DEV News
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?
Wanda intends to establish a 90 billion yuan fund to pay taxes and debts.
According to sources quoted by the media, Dalian Wanda Group is planning to establish a fund with assets of commercial real estate assets held, ranging in size from 50 billion to 90 billion yuan, to raise funds to pay taxes and debts. As one of the few large real estate companies in China's real estate crisis that has not defaulted on its debt, the news indicates that Wanda Group's management recently held a meeting with bondholders in Hong Kong, revealing that the goal is to complete fundraising by 2025. This year, the group sold Wanda Commercial equity to a consortium led by PAG, with funds expected to be partially used to pay for the transaction's impact over the next two years.
China Merchants Securities: Slight increase in National Day travel, volume increase, price stability, and trend towards improvement.
China Merchants Securities released research reports stating that during the 2024 National Day holiday, domestic tourism visits increased by 5.9% year-on-year, domestic tourism revenue increased by 6.3% year-on-year. Overall, domestic income and visits during the National Day period are steadily improving. The average travel expenditure per person has already approached the level of the same period in 2019, and the overall travel data meets market expectations.
China International Capital Corporation: Significant year-on-year growth in various consumer data during the National Day holiday, with impressive performance in categories such as household appliances, gold, and jewelry.
In 2024, the consumer data for the "Golden Week" have been successively released. Overall, with the strong support of national policies to promote consumption and stabilize the economy, various consumption data during the Golden Week have shown significant year-on-year growth, and also improved compared to the previous period.
Trending Industry Today: EAST BUY Leads Gains In Tencent Ecosystem Stocks
WANDA HOTEL DEV: Interim Report 2024
Express News | Wanda Hotel Development H1 Revenue HKD 493 Million
WANDA HOTEL DEV: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
Further Upside For Wanda Hotel Development Company Limited (HKG:169) Shares Could Introduce Price Risks After 28% Bounce
Wanda Hotel Development (00169.HK) plans to hold a board of directors meeting on August 28 to approve its interim performance.
Wanda Hotel Dev (00169.HK) announced on August 16th that the board of directors meeting is scheduled to be held on Wednesday, August 28th, 2024, in order to (including) review and approve the unaudited mid-term performance of the company and its subsidiaries for the six months ended June 30th, 2024, and to propose, review, distribute and issue mid-term dividends (if any) and to deal with any other matters.
Express News | Wanda Hotel Development Co - Expected Result Due to Provision of Impairment Loss of US$126 Mln Arising From Long-Term Receivables
Express News | Wanda Hotel Development Sees Hy Net Loss Ranging From HK$880 Mln to HK$930 Mln
WANDA HOTEL DEV: PROFIT WARNING
Market Might Still Lack Some Conviction On Wanda Hotel Development Company Limited (HKG:169) Even After 26% Share Price Boost
WANDA HOTEL DEV: Annual Report 2023
Wanda Hotel Development's Profit Down in Fiscal 2023
Wanda Hotel Development (00169) announces annual results, profit attributable to shareholders of HK$165 million decreased by 14.54% year-on-year
Wanda Hotel Development (00169) announced the results for the year ended December 31, 2023, with a group revenue of 9.8...
WANDA HOTEL DEV: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2023
Wanda Hotel Development (00169.HK) plans to hold a board meeting on March 25 to approve annual results
Gelonghui March 11 | Wanda Hotel Development (00169.HK) announced that a board meeting will be held on March 25, 2024 (Monday) to consider and approve the audited financial results and announcements of the company and its subsidiaries for the year ended 31 December 2023, and to consider the payment of a final dividend proposal (if any).
Performance returned to pre-pandemic levels The average occupancy rate of Hong Kong hotels during the Spring Festival was 93.4%
The Zhitong Finance App learned that the Hong Kong Hotels Association said that during the eight-day Lunar New Year holiday, the overall performance of Hong Kong hotels was outstanding. The overall average occupancy rate of hotel rooms was 93.4%, a slight decrease of 0.4 percentage points from the same period in 2019; the average room rate was HK$1,715, up 6% from 2019. Chairman Wong Chak-fung of the association hopes that the Hong Kong government will strengthen its integration into local regional projects with local cultural characteristics and cooperate in implementing vibrant “day and night fun” activities to attract international and mainland tourists. Wong Chak Fung said that Hong Kong hotels currently offer more than 90,000 rooms.
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