Tang Jihui, a representative of the Shanghai Municipal People's Congress, suggested that the Shanghai cruise culture construction system be developed into a new cultural calling card for the city.

① Tang Jihui, a representative of the Shanghai Municipal People's Congress, stated that it is necessary to create a new cultural and tourism landmark with international cruise characteristics and a maritime gateway identity, and accelerate the establishment of a Shanghai cruise culture construction system; ② Tang Jihui suggested that the historical and cultural connotations of the century-old Wusongkou should be fully explored to transform 'Wusongkou' into an urban landmark where Shanghai's red culture, Haipai culture, and Jiangnan culture converge and shine together.

cls.cnFeb 5 10:54

Citi: The short- to medium-term impact of proxy AI on the industry is limited; maintains 'Buy' ratings for Trip.com (TCOM.US) and Tongcheng Travel (00780.HK).

Citi issued a research report stating that the recent decline in the share prices of Trip.com (TCOM.US) and Tongcheng Travel (00780.HK) can be partly attributed to growing investor concerns over potential threats posed by proxy-based artificial intelligence (AI). The report highlights that, in the short to medium term, agent-based AI is unlikely to have a significant impact on the online travel industry due to the following reasons: 1) Leading online travel platforms possess strong bargaining power over the supply chain, particularly in hotels and experiential travel, allowing them to offer more competitive pricing; 2) The factors influencing travel booking decisions are diverse and complex, not simply reducible to a few elements.

AASTOCKSFeb 5 10:51

The Hang Seng Index rose by 12 points. Software and technology stocks faced pressure, while coal and real estate stocks surged.

Market concerns over the threat posed by Alphabet (GOOGL.US) and Anthropic's AI models to the software industry's survival space have pressured U.S. software stocks, while Hong Kong shares showed mixed performance. The Hang Seng Index opened 37 points lower and dropped as much as 241 points to reach an intraday low of 26,593 points. However, it rebounded in the afternoon session, rising by 169 points to hit a high of 27,004 points. For the day, it closed at 26,847 points, up 12 points or 0.05%. The Hang Seng China Enterprises Index fell 4 points or 0.05% to 9,048 points, while the Hang Seng Tech Index dropped 100 points or 1.8% to close at 5,366 points. Total daily turnover on the market decreased to HKD 285.433 billion. Software and internet application sectors were notably affected.

AASTOCKSFeb 4 16:36

Strong demand for travel during the Spring Festival and Winter Olympics has led to a surge of over 130% in flight bookings from cities like Shanghai to Italy.

As the opening ceremony of the Milan Winter Olympics on February 6 approaches, the popularity of Winter Olympics spectator tours is rapidly increasing, with significant growth in travel bookings in Milan and other major Italian cities. Data from the Tongcheng Travel platform shows that hotel booking热度 in Milan during the two weeks following the opening of the Winter Olympics has increased by over 200% year-on-year. The surge in travel demand has driven a rapid rise in hotel prices in Milan. As of February 4, the average nightly price of hotels in Milan was close to 4,000 RMB, marking a month-over-month increase of over 140%, and an annual increase of more than 80%. According to Tongcheng Travel's data on outbound travel during the Spring Festival, Italy ranks among the most popular long-haul destinations.

Gelonghui FinanceFeb 4 11:38

Tongcheng Travel (00780): The Asian Cup Table Tennis Tournament Kicks Off in Haikou, with Hotel Bookings Near the Venue Surging Over 150% Year-on-Year

Data from the Tongcheng Travel (00780) platform shows that during the competition period, hotel reservation rates around the venue surged by over 150% year-on-year. The booking rate for high-end hotels within a 3-kilometer radius of the Wuyuan River Stadium has exceeded 90%.

Zhitong FinanceFeb 3 09:48

Tongcheng Travel: The "longest Spring Festival in history" has boosted the popularity of long-haul outbound travel, with significant increases in interest for long-haul destinations such as Saudi Arabia, Oman, New Zealand, and Australia.

On January 27, Tongcheng Travel released the '2026 Spring Festival Travel Trends Report' (hereinafter referred to as the 'Report'). The report shows that the 'longest Spring Festival holiday in history' combined with the mini-trend of taking five days off to enjoy a 15-day holiday has significantly boosted activity in the Spring Festival cultural tourism market. On the Tongcheng Travel platform, following the trend of 'increased volume and prices' seen during New Year's Day, booking interest for key products such as Spring Festival air tickets, hotels, homestays, and group tours has continued to rise over the past month. The Spring Festival is not only an important time for family reunions but also another 'super-long golden week' aside from National Day. The 'Report' indicates that, driven by the longer holiday, the proportion of people traveling during the 2026 Spring Festival is expected to increase further.

Gelonghui FinanceJan 27 14:22