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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.
Short trips for the New Year and "combined leave" travel are on the rise, and tourism during the Spring Festival still appears to be booming.
① This year's New Year's holiday is relatively short, and it is said in the industry that most tourists will prefer short trips and "combine vacation" travels. Influenced by the "combine vacation," data from third-party platforms show that from December 28 to January 5, flight bookings increased year-on-year; ② Registration for long-haul outbound travel products for the Spring Festival has gradually closed, and it is expected that about 80% of the products for this winter vacation (including the Spring Festival) will see price decreases of 10% to 40%.
Tongcheng Travel Holdings Limited's (HKG:780) Top Owners Are Public Companies With 28% Stake, While 27% Is Held by Individual Investors
As the Spring Festival holiday approaches, the tourism Industry is expected to pick up, and these Concept stocks are frequently being investigated.
The Spring Festival holiday is from January 28 to February 4, 2025, totaling 8 days.
Hong Kong stocks concept tracking | China has fully relaxed and optimized the visa-exemption policy for transit, benefiting travel OTA platforms the most (including concept stocks).
On December 17, the National Immigration Administration announced that from now on, the transit visa-free policy will be fully relaxed and optimized, extending the stay duration for transit visa-free foreigners from the original 72 hours and 144 hours to 240 hours (10 days), while adding 21 ports as entry and exit points for transit visa-free individuals, and further expanding the areas for activities during their stay.
Billion-dollar government Fund, trillion-dollar Consumer market! The ice and snow industry is "fully powered up".
① As December arrives, ski resorts and ice rinks across the country enter a peak operation period, with A-share ice and snow Concept stocks performing actively, and several individual stocks reaching new price highs. ② Recently, Jilin Province proposed to increase financial support and establish an investment Fund for the ice and snow industry with 1 billion yuan, coordinating various types of financial specialized support for the ice and snow economy amounting to 0.5 billion yuan.
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.