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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.
Legend Strat (01355) completed the placement of 89.67 million shares for placement.
Legend Strat (01355) announced that it has completed the placement of 89.67 million shares on September 20, 2024, ...
LEGEND STRAT: 2024 Interim Report
Legend Strategy International Swings to Profit in H1; Stocks Jump Over 10%
Logan International (01355.HK) plans to offer a discount of approximately 18.4% for the sale of up to 89.67 million shares and raise a net amount of 15 million Hong Kong dollars.
On September 2nd, GlobeNewswire announced that on September 2, 2024, the company entered into a placement agreement with the placement agent, whereby the company intends to appoint the placement agent as the sole and exclusive benchmark to fully place and promote the subscription and placement of shares, subject to the terms and conditions of the placement agreement. The placement agent shall encourage at least six underwriters to subscribe for a maximum of 89.67 million shares at a placement price of HKD 0.169 per share during the placement period. The maximum limit of 89,670,000 shares for placement is equivalent to the placement and issuance of 89,670,000 shares.
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