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CICC: Positive Outlook for Tourism, Hospitality, and Catering Industries Amid Longest Spring Festival Leisure Demand Surge; Leading Players Continue to Benefit
In terms of passenger traffic, the Spring Festival holiday in 2026 saw a notable year-on-year increase in flight bookings to Hainan, driven by factors such as a low base from the same period last year and the release of policy dividends from the Hainan Free Trade Port's customs closure.
Cathay HAITONG: Increased subsidies for food delivery platforms are expected to keep freshly made beverage sales robust in the first quarter.
Subsidies for beverage delivery remain in effect, with high activity expected during the Spring Festival. Meanwhile, the price war in the ready-to-drink beverage industry is easing, leading to an improved competitive landscape.
Huatai Securities Keeps Their Buy Rating on Guming Holdings Ltd. (1364)
Insider Stock Buying Reaches CN¥39.0m On Guming Holdings
Consumption Boom! A Comprehensive Collection of 'Old Deng' ETFs Has Arrived
A global shift in style?
Alibaba's Qwen spends 3 billion yuan on promotions: Some bubble tea shops receive over 500 orders, with a wait time of 3 hours for new orders, driving up beverage stocks.
In recent years, the Spring Festival has become a key marketing event for major internet companies to compete for users, with 'money-sprinkling' red packet subsidies almost becoming a standard practice among large firms.