Tourism stocks rose sharply in early trading, with Yunnan Tourism up limit, and Emei Shan Tourism, Anhui Jiuhuashan Tourism Development, Utour Group, and Songcheng Performance Development among the top gainers. On the news front, the domestic tourism market has been hot since the beginning of this summer, with significant growth in demand for parent-child and summer vacations, and the demand for outbound travel has also seen concentrated release. In addition, data from Ctrip shows that in the second quarter of 2024, the number of overseas tourists from 54 countries enjoying the 144/72-hour transit visa-free policy increased by 28% compared to the first quarter for inbound tourism orders to China.