Holiday entertainment concept stocks all rose, as of the time of publication, Meituan-W (03690) rose by 14.42%, closing at 196.8 Hong Kong dollars; Zhou Hei Ya (01458) rose by 7.98%, closing at 2.03 Hong Kong dollars; H World Group-S (01179) rose by 5.58%, closing at 32.15 Hong Kong dollars.
According to the Wisdom Financial APP, all holiday entertainment concept stocks rose across the board. As of the time of publication, Meituan-W (03690) rose by 14.42%, closing at 196.8 Hong Kong dollars; Zhou Hei Ya (01458) rose by 7.98%, closing at 2.03 Hong Kong dollars; H World Group-S (01179) rose by 5.58%, closing at 32.15 Hong Kong dollars; Meilan Airport (00357) rose by 5.55%, closing at 9.32 Hong Kong dollars; Tsingtao Brew (00168) rose by 4.36%, closing at 63.45 Hong Kong dollars; Tongchengtravel (00780) rose by 4.21%, closing at 20.8 Hong Kong dollars.
On the news front, recently, there have been frequent bullish policies in China to stimulate consumption. Many places across the country have successively launched a new round of consumption vouchers to stimulate service and commodity consumption, mainly focusing on dining, lodging, home furnishing, and decoration sectors. Kaiyuan Securities believes that since 2024, we have seen a series of consumption promotion policies introduced by local governments in Beijing, Sichuan, Hubei, and other places, among which consumption vouchers are the most direct, led by the government with public-private cooperation, jointly stimulating residents' consumption power and confidence.
It is reported that on the first day of the National Day holiday, Ctrip data showed that tickets for many scenic spots were sold out, with domestic scenic area ticket orders increasing by 37% compared to last year, and homestay bookings increasing by 55% year-on-year. At the same time, outbound tourism also saw a peak, with data showing that on the first day of the National Day holiday, outbound travel orders increased by nearly 40% compared to last year. In addition, in major tourist destinations across the country, travel agencies and hotels experienced booking peaks.