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Hong Kong stock fluctuations | TONGCHENGTRAVEL (00780) rose over 6% in the morning, with multiple locations issuing cultural tourism consumer vouchers and a surge in search popularity for outbound travel during the Spring Festival holiday.
TONGCHENGTRAVEL (00780) rose over 6% in early trading. As of the time of writing, it has increased by 5.86%, priced at 20.05 HKD, with a transaction volume of 0.11 billion HKD.
TONGCHENGTRAVEL (00780.HK) received a Shareholding increase of 1.4467 million shares from JPMorgan.
On December 11, according to the latest equity disclosure information from the Stock Exchange, on December 5, 2024, TONGCHENGTRAVEL (00780.HK) was increased by JPMORGANCHASECO by 1.4467 million shares at an average price of HKD 17.9757 per share, involving approximately HKD 26.0058 million. After the increase, the latest number of shares held by JPMORGANCHASECO is 117,438,151 shares, and the holding ratio increased from 4.98% to 5.04%.
Travel Is Finally Back — and an Era of Huge Growth Is Upon Us
Is the winter cultural tourism gradually improving? The "ice and snow +" consumer spending and industrial business are thriving.
① The "Ice and Snow +" cultural tourism activities in the northeast are abundant, with Harbin Ice and Snow World expanding to 1 million square meters. It is expected that this year's ice and snow tourism will surpass last year's popularity. ③ The cultural tourism industry in the southern winter is also bustling, with Shennongjia Ski Resort, sichuan ice and snow tourism projects, and others attracting tourists, while guangdong's "Conghua Hot Springs" ranks first in popularity increase.
Tongcheng Travel Holdings' (HKG:780) Returns On Capital Are Heading Higher
同程商旅 collaborates with UFIDA BIP Business Travel Cloud to launch universities business travel expense control solution to create intelligent business travel services.
Tongcheng Travel, in collaboration with Yongyou BIP, launched a travel expense management solution for universities.
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zigzinger : Most of the companies are ahead of their fundamentals. From the mid to long term view, the Chinese government is making a good move. That said, the proposed policies needs time to presented on the statistics as well.