Hong Kong Stock Movement: GANGYU SERVICES surged 45.99%

Hong Kong Stock Movement

Stocks with High Trading Volume in the Industry

Trip.com Group Ltd. fell 0.67%. Based on recent important news:

1. On September 27, Trip.com Group reached a strategic cooperation agreement with the Huizhou Municipal Government to promote the development of the cultural and tourism economy, which failed to significantly boost the stock price.

2. On September 27, a report indicated that competition in the homestay market has intensified, posing challenges for Trip.com in the high-end homestay sector.

3. On September 30, Trip.com was interviewed due to the adjustment period of the platform economy, reflecting increased regulatory pressure. There is a differentiated demand during the National Day holiday, with a strong market in Guangzhou.

Tuniu Corporation fell 1.39%. Based on recent important news:

1. On September 29, Tuniu announced that it became the first online travel platform to achieve dual-end coverage of the "Easy Security Check" service, allowing users to book the service at 41 key airports nationwide through WeChat Mini Programs or the APP. The launch of this convenient service enhances user travel experience and strengthens the platform's competitiveness.

2. On September 29, Tuniu made progress in providing explanation services at scenic spots and cultural heritage venues, collaborating with the Sichuan Museum to send self-operated professional explainers to provide services. This initiative enhances the professionalism of explanation services and optimizes user experience.

3. On September 27, industry experts pointed out that the financial ecosystem expansion of OTA platforms comes with higher compliance requirements, and Tuniu needs to improve its payment compliance and internal control system after acquiring a payment license to cope with industry competition and regulatory challenges. The digital transformation of the tourism industry is accelerating.

Stocks with High Market Capitalization in the Industry

Huazhu Group Ltd. fell 0.71%. Based on recent important news:

1. On September 29, Huazhu Group signed a cooperation agreement for the All Seasons Hotel project with Foshan Jianxin Housing Rental Co., Ltd., initiating a landmark building renovation project expected to open in 2026. This move is expected to enhance Huazhu's influence in the Foshan market and drive stock price fluctuations.

2. On September 29, Huazhu Group collaborated with a high-tech supporting company to provide hotel discount services for enterprises in industrial parks, which may increase its customer base and market share, affecting the stock price.

3. On September 29, Huazhu Group's hotel booking rate during the National Day holiday significantly increased compared to the same period last year, especially in first-tier and coastal cities, indicating strong market demand and driving stock price fluctuations. Tourism demand is growing, and competition is intensifying