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国泰君安:清明假期催化 旅游高景气有望延续

Cathay Pacific Junan: Qingming holiday catalyzes the boom in tourism and is expected to continue

Breakings ·  Mar 15 07:57
The Guotai Junan Research Report points out that judging from historical reviews, when the Qingming and May Day holiday markets are combined with a quarterly report game, excess earnings are often higher. ① Combining the 10-year cumulative revenue of the Shenwan Industry (2021) category, the Shanghai and Shenzhen 300 Market Index, and the Consumer 100 Index was averaged according to the date, it was found that before the Qingming May Day market was superimposed and the quarterly report was released, the tourism industry usually continued to be high. Both the market and the consumer industry had more significant excess revenue, and the concentrated gaming quarterly report was more obvious; ② Entering the second and third quarter due to clear weather, the impact of rain and snow in the first quarter and the passenger flow gradually picked up. At this point, step by step Fulfill the logic; ③ The 2024 Ching Ming Festival will be suspended from April 4 to 6, for a total of 3 days. Compared with the one-day holiday in 2023, it is consistent with the number of vacation days in 2019.

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