601888 China Tourism Group Duty Free Corporation
- 74.90
- -1.52-1.99%
China Tourism Group Duty Free Corporation News
Changes in Hong Kong stocks | China Financial Services (01880) fell by more than 4% on the first day of “May 1st”, the performance of duty-free sales on the outlying islands of Hainan was lackluster compared to last year
China Free (01880) fell by more than 4%. As of press release, it was down 3.63% to HK$69.1, with a turnover of HK$793.34 million.
China Free Holdings (01880.HK) received 3012,000 H shares from J.P. Morgan Chase, worth approximately HK$20.1853 million
On May 2, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 2, JPMorgan Chase & Co. (JPMorgan Chase & Co.) increased its holdings of $30.12 million H shares with an average price of HK$67.0235 per share and an average OTC share price of HK$67.017 on April 25, totaling HK$3012 million. After the increase in holdings, the latest number of shares held by J.P. Morgan Chase was 9.5753 million shares, and the good position ratio increased from 7.96% to 8.22%. Image source: Stock Exchange Equity Disclosure What is equity disclosure
China International Tax Service (01880) will pay a final dividend of 1.65 yuan per share
China Exemption (01880) announced that the company will distribute the end of the year ending December 31, 2023...
中國中免：2023年年度股東大會通告
China Exemption (601888): Baiyun Airport T1 Departure Store's New Contract Landing Wins Win-Win with Baiyun Airport
Guide to this report: The new contract for the Baiyun Airport T1 Outbound Store has been signed, and China is a win-win situation with Baiyun Airport. Key investment points: The investment proposal is to maintain the 2024-2026 EPS at 3.74/4.30/4.59 yuan, respectively. ginseng
China Exemption (601888): Profitability improvements focus on off-season performance
The incident described that in the first quarter of 2024, the company achieved revenue of 18.807 billion yuan, -9.45% year on year, net profit to mother of 2,306 billion yuan, +0.25% year-on-year, after deducting net profit of 2,299 billion yuan.
Baiyun Airport (600004.SH): Signed a cooperation contract with China Duty Free Group to operate the T1 Terminal Outbound Duty Free Project
Gelonghui, April 29丨Baiyun Airport (600004.SH) announced that Guangzhou Baiyun International Airport Co., Ltd. and China Duty Free (Group) Co., Ltd. signed a cooperation contract for the operation of the T1 terminal exit duty-free project. The company transferred the right to operate the specific site to China Free Group within the contract period, and China Duty Free Group will operate duty-free goods within the scope permitted by national policies in the above regions.
Seize outbound travel bonuses? Baiyun Airport signs exit tax exemption contract with China Duty Free Group
① Baiyun Airport signed an exit tax exemption project contract with China Duty Free Group. Baiyun Airport said it will boost passenger consumption demand and enhance the resource value of terminal stores. ② The monthly operating expenses are charged according to the high charging model of “guarantee” and “commission”. Among them, the monthly guarantee contract fee is adjusted in conjunction with passenger throughput. According to the analysis, this has a positive impact on the company's performance improvement.
New characteristics of “May Day” tourism: Cruise ships are on the rise, the entry/exit market heats up, and ticket prices “dive” during the temporary period?
The “May Day” holiday is approaching. The Financial Services Association reporter learned that the biggest difference between this year's “May Day” holiday and last year is the reentry of the cruise market. In addition, there are also changes such as the heating up of the inbound travel market and the expansion of the range of outbound travel destination choices compared to last year.
Express News | The breadth of air travel: the number of inbound air ticket bookings for the “May 1st” holiday increased 1.4 times
Airline tickets are temporarily diving, hotel prices are rising again, and inbound and outbound travel is hot! Regulatory requirements in many places regulate operations
The countdown to this year's “May Day” holiday is in its final stages. When traveling during the holidays, transportation and accommodation costs are topics that can never be circumvented. Shortage of supply of high-speed rail, flights, and hotels due to concentrated tourist travel is the focus of recent netizens' comments.
China Exemption (601888): Performance is in line with Express Report data, and airport tax exemption optimization is expected to smooth out the pressure period
Incident: 1Q24 achieved revenue of 18.8 billion yuan/ -9.5%, net profit due to mother of 2.3 billion yuan/ +0.2%, and net profit of 2.3 billion yuan/ +0.2% after deducting non-return to mother, which is consistent with previous performance report data. The revenue side is mainly under pressure
Earnings Season Forecast: May Day Consumption: Travel Chain Quarterly Report takes the lead in “Good News”, and “Refreshing in Zi” is expected to be staged again
As the first five-day holiday after the Spring Festival, the May Day holiday has always been a “golden week” for travel and consumption. Looking back on the Qingming holiday, travel spending and movie box office data are all impressive.
Zhitong Hong Kong Stock Short Position Statement Statistics|April 26
Zhitong Hong Kong Stock Short Position Statement | April 26
China Exemption (601888): Achieved net profit of 2.3 billion yuan in 24Q1, improved profitability, and focused on subsequent passenger flow and consumption recovery
Incident: The company released a quarterly report. In 24Q1, it achieved revenue of 18.807 billion yuan/yoy -9.45%, operating profit of 2,908 billion yuan/yoy -7.78%, and net profit of 2,306 billion yuan/y
Beishui raised more than HK$500 million from the Bank of China and sold Meituan for nearly HK$800 million; Nanshui bought CMB for nearly 700 million yuan
On April 25 (Thursday), Southwest Capital made net purchases of Hong Kong stocks of HK$1.88 billion today. The Hong Kong Stock Exchange and Tencent Holdings received net purchases of HK$407 million and HK$222 million respectively.
Research Report: Shanxi Securities: China Free Inventory Improves, Profitability Improves, Maintains “Buy-B” Rating
Gelonghui, April 25 | Shanxi Securities Research Report pointed out that China Finance (601888.SH) 2024Q1's revenue declined slightly, and net profit to mother remained basically the same as the same period last year. The main reason was that the company began cracking down on purchasing agents in April 2023, updating membership point rules, adjusting discount levels, improving product structure, and gradually increasing customer unit prices and profit margins. Procurement costs increased during the same period last year due to fluctuations in the RMB exchange rate, which put pressure on gross margins. Exchange rate fluctuations in the current period were well controlled, and profitability improved year-on-year. The company's inventory during the period was 1,759 billion yuan, down 16.45% month-on-month, and inventory improved
China Tourism Group Duty Free H-Share Target Price Raised to HK$94.00 From HK$64.60 >601888.SH
China Tourism Group Duty Free H-Share Target Price Raised to HK$94.00 From HK$64.60 >601888.SH
China Exemption (601888) 2024 Quarterly Report Review: Improved inventory, improved profitability, and the recovery of the entry/exit market may be a major contributor
The incident described that the company released financial report for the first quarter of 2024. During the period, it achieved revenue of 18.808 billion yuan/ -9.45%, net profit to mother of 2,306 billion yuan/ +0.25%, net profit of 2,209 billion yuan/
Ping An Securities released a research report on April 24 stating that it gave China a recommended rating for China's China Free Insurance (601888.SH). The main reasons for the rating include: 1) the company's profit margin level continues to pick up unde
Ping An Securities released a research report on April 24 stating that it gave China a recommended rating for China's China Free Insurance (601888.SH). The main reasons for the rating include: 1) the company's profit margin level continues to pick up under the influence of various factors; 2) the company's entry/exit duty-free business has resumed, and the Hainan business has returned to a normal development track, while the company continues to improve operations, enhance shopping experience, and raise competitive barriers. (Mainichi Keizai Shimbun)
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