The tourism sector saw a general rise in morning trading. At the time of publication, Ctrip Group-S (09961) rose 4.62% to HKD 330.6, and Tongcheng Travel (00780) rose 4.05% to HKD 13.86.
According to the Wisdom Financial APP, the tourism sector saw a general rise in morning trading. At the time of publication, Ctrip Group-S (09961) rose 4.62% to HKD 330.6, and Tongcheng Travel (00780) rose 4.05% to HKD 13.86.
Citigroup's report stated that the
Huaxi Securities pointed out that the tourism industry has been mentioned by the central government many times recently and is becoming a new strategic pillar industry, with a significant increase in the industry's height. As one of the important drivers for expanding and upgrading consumption, it is expected to usher in a new round of development opportunities. China Galaxy Securities stated that OTA, as a traffic platform, is still an absolute beneficiary of the growth of the tourism market. With the improvement of the industry's competitive landscape and the rapid growth of outbound travel, the space for future growth is expected to broaden. Ctrip Group-S and Tongcheng Travel are recommended.