EEO partner Huang Yuanpu calls out Liang Jianzhang, questions Ctrip's lack of price advantage and accuses them of killing off partners.

On July 20th, EqualOcean founder and partner Huang Yuanpu posted an open letter on his WeChat moments, calling out Ctrip Group Chairman Liang Jianzhang for their big data discriminatory pricing practice. Huang stated that at 11:30 AM on July 18th, he tried to book a flight on Ctrip's App from Beijing to Astana, Kazakhstan on July 22nd. At 7 AM that same day, the ticket price for the Air China flight was displayed as RMB 3868. After clicking to place the order, during the "Fill in Information" process, when clicking the "Next" button, the ticket was suddenly listed as "Sold Out", and then the price refreshed to RMB 4408. However, the same ticket was still available on Air China's official website for RMB 3868.

新浪科技Jul 20 04:23 ET

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 FinanceJul 16 02:32 ET

Hong Kong stock concept tracking | China's 144-hour transit visa-free policy applies to more ports, benefiting tourism OTA platforms first (with concept stocks)

The expansion of the 144-hour transit visa exemption policy in two provinces this time provides more choices for foreign nationals to travel and engage in business activities in China.

Zhitong FinanceJul 14 21:04 ET

Hong Kong stock concept tracking | In the second quarter, the transportation to and from airports increased by 145% compared to the previous quarter. OTA platforms benefited from the need to improve infrastructure for inbound tourism. (Concept stocks atta

According to Ctrip's data, in the second quarter of 2024, inbound travel orders to China increased by 28% compared to the first quarter, and the demand for overseas travelers' ground transportation services accelerated. Inbound airport transfer orders increased by 145% in the second quarter compared to the first quarter. With the further expansion of China's visa-free policy, more and more inbound tourists are coming to China for travel, and the inbound tourism market continues to heat up. Recently, Alipay released data that the amount spent on Alipay by inbound guests in the first half of 2024 increased by 8 times year-on-year. Since the end of 2023, inbound tourists from 14 countries with visa exemption or mutual visa exemption agreements with China have used Alipay to consume in China in the first half of the year.

Zhitong FinanceJul 11 22:28 ET

HK stocks change: Ctrip Group-S (09961) rose by nearly 4% due to the surge in summer tourism and the continued expansion of visa-free countries.

Ctrip Group-S (09961) rose nearly 4%. As of press time, it has risen 3.69%, to HKD 393, with a turnover of HKD 501 million.

Zhitong FinanceJul 4 01:40 ET

Bocom Intl: Bullish on internet plus-related sector performance/buyback support stock price, focusing on Netease-S in July.

Bocom intl released a research report stating that the sentiment of the mainland internet plus-related sector fell in June, with the Chinese internet index (KWEB) falling 7% month-on-month, compared with a 6% increase in the nasdaq and a 2% decline in the Hang Seng Index.

新浪港股Jul 2 00:23 ET