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CITIC Securities: Domestic tourism is expected to remain stable this summer, while the demand for outbound tourism continues to recover.
Domestic tourism during the summer is expected to remain stable, while demand for outbound tourism continues to recover. The resilience of leisure travel consumption demand continues to be validated.
Hong Kong stock market disturbance | China Tourism Group Duty Free Corporation (01880) fell more than 3%, Hainan offshore duty-free sales under pressure, second quarter sales and net profit below expectations.
China Tourism Group Duty Free Corporation (01880) fell nearly 3%, as of press time, it fell 2.82%, to HKD 53.35, with a turnover of HKD 52.8833 million.
Statistics on the proportion of mainland investors in the SmartHK Stock Connect program | July 23rd
Statistics of unusual proportion of Wise H.K. Connect | July 22, 2024.
Express News | JPMorgan Chase & Co's Long Position in H-Shares of China Tourism Group Duty Free Decreases to 9.68% on July 15 From 10.82% - HKEX
Citi: The launch of tax-free policies in the city is the next potential catalyst for China Tourism Group Duty Free Corporation (01880), with the target price lowered to HKD 87.
Citigroup lowers the profit forecast of China Tourism Group Duty Free Corporation (01880) for the fiscal years of 2024 to 2026 to 13.5%/15.4%/15.4% respectively.
China Tourism Group Duty Free Corporation (01880.HK) experienced shareholding reduction of 0.606 million shares by JPMorgan.
According to the latest equity disclosure data from the Hong Kong Stock Exchange, on July 12, 2024, China Tourism Group Duty Free Corporation (01880.HK) was reduced by JPMorgan Chase & Co. at an average price of 55.8921 Hong Kong dollars per share, reducing its holdings by 0.606 million shares, involving approximately 33.8694 million Hong Kong dollars. After the shareholding, JPMorgan Chase & Co.'s latest holding of good warehouse number is 12.5951 million shares, and the proportion of good warehouses held has decreased from 11.34% to 10.82%.
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