Hong Kong Stock Concept Tracking | National Bureau of Statistics: Strong demand for summer travel, OTA platforms are the absolute beneficiaries of the tourism market growth (with concept stocks)

The demand for summer travel is strong, with airfares, tour packages, and hotel accommodation prices rising. The National Bureau of Statistics stated that the increase is higher than the average level of the past decade, which has a significant impact on the month-on-month rise in the Consumer Price Index (CPI). Relevant departments have put forward guidance on promoting the high-quality development of public services in tourism, emphasizing the strengthening of tourism transportation infrastructure construction and the renovation of tourism facilities for the convenience of the people. Research reports from CITIC Securities and China Galaxy Securities believe that online travel agency (OTA) platforms such as Trip.com and TONGCHENGTRAVEL are still beneficiaries of the growth in the tourism market