Singapore Travel Stocks May Gain as Country Further Reopens Borders -- Market Talk
Singapore Travel Stocks May Gain as Country Further Reopens Borders -- Market Talk
0708 GMT - Singapore travel- and tourism-related stocks may gain as the country continues reopening its borders, but domestic Covid-19 curbs need to be relaxed for inbound tourism to significantly improve, DBS Research says. The bank notes inbound travelers from the existing 16 countries that Singapore has a vaccinated travel lane with comprised 30% of tourist arrivals in 2019. DBS expects the figure to rise to 60% by June 2022 and 90% by December 2022. This should result in more upside for companies like ST Engineering, Genting Singapore and SATS. Singapore Airlines, however, may have already had its long-term recovery prospects priced in, DBS says. (yongchang.chin@wsj.com)
0708GMT-星展研究(DBS Research)表示，隨着新加坡繼續重新開放邊境，新加坡旅遊和旅遊相關類股可能會上漲，但國內對新冠肺炎的限制需要放鬆，入境旅遊才能顯著改善。該銀行記錄了來自新加坡現有16個國家的入境遊客，這些國家擁有接種疫苗的旅遊車道，佔2019年入境遊客的30%。星展銀行預計，到2022年6月，這一數字將升至60%，到2022年12月，這一數字將升至90%。這應該會給ST Engineering、雲頂新加坡和SATS等公司帶來更多上行空間。然而，星展銀行(DBS)表示，新加坡航空(Singapore Airlines)可能已經計入了長期復甦前景。(yongchang.chin@wsj.com)
譯文內容由第三人軟體翻譯。