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<Research>HSBC Research: Extended 2026 Spring Festival Holiday Expected to Boost Hotel Performance Beyond Forecasts
Recommend 4 Positive 5 Negative 2 |
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The extended Spring Festival holiday this year led to a 19% increase in domestic travel and an 18.7% growth in travel spending, with per capita consumption remaining largely flattish, HSBC Global Research published a research report saying. Hotel performance beat expectations, while the baijiu performance was in line with forecasts. The broker was optimistic about BUSYMING (01768.HK), WANCHEN GROUP (300972.SZ), WL DELICIOUS (09985.HK), KWEICHOW MOUTAI (600519.SH), MIDEA GROUP (00300.HK)(000333.SZ), JIN JIANG HOTELS (600754.SH) and BTG HOTELS (600258.SH), all of which rated at Buy. AASTOCKS Financial News Website: www.aastocks.com |
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