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China Continues To See Rising Number Of Foreign Visitors, Thanks To Favourable Policies
Ctrip Group-S (09961.HK) will hold a board of directors meeting on August 26 to approve mid-term performance.
Ctrip Group-S (09961.HK) announced on August 14th that the company will hold a board of directors meeting on August 26, 2024 to approve the mid-term performance of the company and its subsidiaries for the six months ending June 30, 2024 and its release.
TRIP.COM-S: DATE OF AUDIT COMMITTEE MEETING ANDANNOUNCEMENT DATE OFSECOND QUARTER AND FIRST HALF OF 2024 RESULTS
International tourist arrivals in Macau increased by 122.0% year-on-year from January to July.
On August 13th, according to temporary data provided by the Macau Special Administrative Region Government Tourism Bureau, there were approximately 1.3416 million international tourist arrivals from January to July, an increase of 122.0% year-on-year, and a recovery to 68.1% of the same period in 2019.
Hong Kong stocks anomalous | Summer tourism market demand still has resilience, Ctrip Group-S (09961) rose nearly 5%, Tongcheng Travel (00780) rose nearly 4%.
Travel concept stocks continue to rise, as of press time, Ctrip Group-S (09961) rose 4.13%, reported HKD 333; Tongcheng Travel (00780) rose 3.77%, reported HKD 13.78.
Hong Kong stock concept tracking| National Bureau of Statistics: Strong demand for summer travel, OTA platforms are the absolute beneficiaries of the tourism market growth (with concept stocks)
According to the National Bureau of Statistics, the demand for summer travel is strong, with airplane tickets, travel and lodging prices rising by 22.1%, 9.4% and 5.8% respectively. These increases are higher than the average level of the same period over the past ten years.