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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.
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.
In May, Hong Kong Tourism Board received 3.3985 million visitors, an increase of 20.2% year-on-year.
A total of 18.0186 million visitors visited Hong Kong in the first five months, a year-on-year increase of 77.8%.
DES Holdings (08437) acquired and sold the largest number of 15.286 million shares of Feiyang Group (01901)
According to the Zhitong Finance App, Des Holdings (08437) announced that from December 2021 to March 2023, the company carried out a series of transactions, including the market acquisition and sale of the largest number of 15.286,000 Feiyang Group (01901) shares, accounting for about 1.91% of the total shares issued by Feiyang Group at the time. The average purchase price was HK$0.485 to HK$1.454 per Feiyang Group share, while the average selling price was HK$0.61 to HK$1.441 per Feiyang Group share. The total acquisition cost was approximately HK$36.7 million, and the proceeds from the sale were approximately 34
Travel Ease Taking More Chinese Tourists Overseas
GF Securities: Frequent travel policies combined with the peak summer season may further increase the popularity of the sector
We are about to enter June. After the Dragon Boat Festival holiday, the peak summer season will follow. The travel sector will soon experience a peak in passenger traffic in June-August.
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