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Zhihong Hong Kong Shareholder Equity Disclosure | January 22
Hong Kong Stock Shareholder Equity Disclosure | January 22
CHINA TRAVEL HK (00308.HK) Executive Director Li Pengyu increased his shareholding by 0.238 million shares.
According to the latest equity disclosure information from the Stock Exchange, from January 15 to January 17, 2025, CHINA TRAVEL HK (00308.HK) was increased by Executive Director Li Pengyu in the market at an average price of HKD 0.98 per share, totaling 238,000 shares, involving approximately HKD 233,200.
The potential of "China Travel": there is still an annual increase of 200-350 billion RMB.
Bank of America predicts that if the proportion of tourism exports to GDP in China can catch up to the levels of South Korea or Japan, it will bring more than 20-350 billion yuan in income to China's tourism industry.
China Travel International Investment Hong Kong, CTG Group Renew Lease Agreement
HK Eyes 60% Tourism Growth By 2029 In New Blueprint
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.