Tongcheng Travel (780 HK): Rides on the Tourism Upswing
Tongcheng is thriving post-COVID, with a 146.5% growth in adjusted net profit in 3Q23. Cooperation with Tencent is driving momentum and...
Smartkarma Originals
China Tourism and Hospitality Industry: Pent-Up Demand Drives Robust Outlook
China's tourism-related stocks showed strong 2Q23 earnings recovery, with forward bookings indicating promising demand. Despite higher share...
Smartkarma Originals
China Tourism and Hospitality Industry: Set for Stronger Momentum Ahead
We anticipate sustained earnings strength for China's tourism and hospitality industry following impressive 1Q23 results. This should underpin pick...
Shangri-La Asia (69 HK): Not yet Fully Reflected China's Comeback
Shangri-la Asia is an excellent play on recovery of China, where 55% of rooms are located. Its overseas assets will gain from surge in outbound...
Smartkarma Originals