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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.
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.
Is China Tourism Group Duty Free (SHSE:601888) Using Too Much Debt?
Hong Kong stocks closed (December 11) | The Hang Seng Index rose by 1.2%, with the Consumer direction fully exploding, and the CSI SWS Food & Beverage index and Dining sectors leading the gains.
After the Hong Kong stock market opened, it maintained a fluctuating trend, with all three major Indexes rising significantly before noon, and the increase narrowed slightly at the end of trading.
Hong Kong stocks movement | China Tourism Group Duty Free Corporation (01880) is up over 6% as the peak season for tourism in Hainan arrives, and the duty-free group kicks off the year-end celebration.
China Tourism Group Duty Free Corporation (01880) currently rises over 6%, as of the time of writing, an increase of 6.19%, priced at 56.6 Hong Kong dollars, with a trading volume of 99.7688 million Hong Kong dollars.
【Hong Kong Stock Connect】 China Tourism Group Duty Free Corporation (01880) rose by 3%, Institutions indicate that offshore duty-free sales are expected to improve.
Jinwu Financial News | China's free trial (01880) fluctuated higher. As of press release, it rose 3% to HK$54.9, with a turnover of HK$26.41 million. According to the news, the Guotai Junan Research and Development Report indicates that duty-free sales on the outlying islands of Hainan are expected to pick up due to the combination of year-end promotions during the peak tourist season in Hainan. The bank expects the reduction in tax exemptions on the outlying islands of Hainan to narrow. Furthermore, airport tax exemptions continue to resume, and it is expected that tax exemptions will increase in the city. In the first three quarters of 2024, the company's Beijing Airport (including Capital International Airport and Daxing International Airport) duty-free store revenue increased by more than 140% year-on-year, and Shanghai Airport (including Pudong International Airport and Hongqiao International Airport) was exempt from tax