旅游出行板块拉升，凯撒旅业、大连圣亚涨停，长白山等走高

Group 1 - The tourism sector experienced a strong rally on the 25th, with companies like Caesar Travel and Dalian Shengya hitting the daily limit, and Jinma Amusement rising nearly 9% [1] - The Chinese government announced an expansion of visa-free travel for certain countries, effective from November 30, 2024, to December 31, 2025, which includes Japan and several European nations [1] - The visa-free stay period has been extended from 15 days to 30 days, which is expected to boost inbound passenger flow, particularly from Japan, benefiting airlines and airport operations [1] Group 2 - Zhongyou Securities noted that the increase in inbound and outbound flights, along with the relaxation of visa policies, is expected to accelerate cross-border travel demand [2] - The recovery of inbound passenger flow is anticipated to drive growth in airport duty-free business, suggesting potential for revenue recovery and growth for companies involved in outbound tourism [2]