Guosen Securities: Top scenic spots are expected to benefit from the structured dividends of China's population and urbanization.

Short-term head scenic area passenger flow shows resilience, and related summer resort products are expected to benefit directly from high temperatures in the summer. At the same time, in the next 2-3 years, head scenic areas will successively enter the new project production stage, with the potential to benefit from the structured demographic and urban dividends in the medium term.

Zhitong Finance02:32 ET

Hong Kong stocks stand out | China Tourism Group Duty Free Corporation (01880) rebounds by more than 4%. Quarter-over-quarter gross margin improvement in Q2, significant improvement in airport duty-free business.

China Tourism Group Duty Free Corporation (01880) rebounded more than 4%. As of press time, it increased by 4.12% to HKD 55.6 with a turnover of HKD 67.9155 million.

Zhitong Finance22:26 ET

China Tourism Group Duty Free Corporation (01880) fell nearly 3% after its performance report. Second-quarter sales and net profit were lower than expected, and first-half net profit decreased by 15% year-on-year.

China Tourism Group Duty Free Corporation (01880) fell nearly 3% after its performance report. As of the time of publication, it fell 2.27% to HKD 53.9 with a turnover of HKD 89.7152 million.

Zhitong FinanceJul 14 23:41 ET

China Tourism Group Duty Free Shares May Be Hurt Short-Term by 1H Earnings -- Market Talk

0148 GMT - China Tourism Group Duty Free's shares could be affected by its 1H earnings in the short-term, Daiwa Capital Markets analysts say in a note. The company's revenue fell 13% on year to CNY31.

WSJJul 14 21:48 ET

China Duty Free Group Co., Ltd.'s mid-year performance report announcement for 2024.

Sensex a shareJul 12 12:00 ET · Announcements

China Tourism Group Duty Free Corporation (01880) achieved a non-net profit of approximately CNY 3.246 billion in the first half of the year, a year-on-year decrease of 15.79%. The gross margin of the main business has continued to improve.

China Tourism Group Duty Free Corporation (01880.HK) released its 2024 semi-annual report, with total operating income of approximately RMB 31.265 billion, a YoY decrease of 12.81%; net income attributable to shareholders of the listed company was approximately RMB 3.288 billion, a YoY decrease of 14.94%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was approximately RMB 3.246 billion, a YoY decrease of 15.79%; basic EPS was RMB 1.5893. The gross margin of the main business was 32.94%, a YoY increase of 2.62 percentage points, and the gross margin of the main business in the second quarter was 33.29%.

Zhitong FinanceJul 12 05:04 ET