Changes in Hong Kong stocks | Fosun Tourism Culture (01992) The intraday rise of more than 9%, and the travel industry ushered in a number of catalysts, indicating that the company's long-term growth can be expected

The Zhitong Finance App learned that Fosun Tourism Culture (01992) rose more than 9% in the intraday period. As of press release, it had risen 4.32% to HK$3.86, with a turnover of HK$25.398,200.

According to news, the travel industry has recently ushered in a number of catalysts. According to information from the Ministry of Foreign Affairs, in order to further facilitate the exchange of Chinese and foreign personnel, China has decided to expand the scope of visa-free countries. From November 30, 2024 to December 31, 2025, it will test a visa-free policy for ordinary passport holders from Bulgaria, Romania, Malta, Croatia, Montenegro, North Macedonia, Estonia, Latvia, and Japan. Earlier, the State Council revised the “National Holiday Measures for New Year's Holidays and Anniversaries”, increased the number of public holidays to 13 days, and clearly announced the principles of rescheduling holidays.

In addition, many ski resorts in the north have opened to welcome the snow season, and the ice and snow economy continues to heat up, and reservations for related scenic spots on many platforms have also seen a huge increase. Fangzheng Securities previously pointed out that since opening in November 2023, Taicang Alps International Resort has continued to climb slopes, benefiting from the growing demand for urban vacations and snow tourism and the continuous increase in the company's project operation capacity, and its performance has steadily improved. The continuous expansion and upgrading of the company's overseas business has led to steady growth. Domestic card slots are two popular tracks for ice and snow tours and summer vacations, and long-term growth can be expected.