CITIC Securities: CHINA TRAVEL HK has launched a proposed distribution plan and suggests actively paying attention to the company's investment value

CITIC Securities released a research report stating that CHINA TRAVEL HK has launched a proposed distribution plan to divest its continuously loss-making tourism real estate business and focus on its core profitable operations. The bank analyzes that this plan will help improve the company's performance, enhance profitability, and reduce debt levels, while the operating model will be more streamlined and optimized, and the development strategy will be more focused. The optimized allocation of resources will help release the growth potential of the tourism scenic area business. The bank believes that this event is of great significance for the long-term development of the listed company, and significant improvements in the financial statements are expected starting in 2026. It recommends actively paying attention to the company's investment value