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These 4 Measures Indicate That Tongcheng Travel Holdings (HKG:780) Is Using Debt Safely
China's tourism consumer market is coming back with favorable timing, location, and people. Which areas are worth paying attention to in the future?
Recently, the government has introduced a series of major policies aimed at stimulating economic recovery, with a focus on stimulating consumer spending. And within consumer spending, tourism consumption is a key sector.
Hong Kong stock concept tracking | Tourism demand remains resilient, institutions bullish on OTA platform performance improvement (including concept stocks)
Before the 2024 National Day holiday, the cross-regional personnel flow of the whole society in the first 6 days is approximately 1.74 billion, an increase of 3.2% year-on-year, with overall demand remaining strong.
Non-Executive Co-Chairman Of Tongcheng Travel Holdings Sold 53% Of Their Shares
gtja: The earnings expectations of the three major Hong Kong stock indices continue to rise, with growth sectors leading the way.
gtja Securities stated that the earnings expectations of the three major stock indexes in Hong Kong continue to rise, with the highest year-on-year growth rate in earnings forecast for Hang Seng Index technology stocks, and recent upward revisions in earnings expectations for US and Chinese listed companies.
Anxin International: The National Day holiday tourism market performance is stable, maintaining the OTA platform's full-year performance forecast.
Maintain performance forecast for Ctrip Group-S (09961) and tongchengtravel (00780) for the full year of 2024, bullish on the agility of OTA in the changing trend of travel consumer operation and performance certainty.
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.