Group 1 - Hong Kong Travel (00308) saw a stock price increase of over 13%, closing up 8.22% at HKD 1.58, with a trading volume of HKD 310 million [1] - Hong Kong Travel International announced the acquisition of 75% stakes in Jilin Songhua Lake International Resort Development Co., Ltd. and Beijing Wanbingxue Sports Co., Ltd. from Vanke Group, in collaboration with China Travel Capital and Jilin Province Travel Control Group [1] - The project is expected to have an annual visitor volume exceeding 350,000 and generate over HKD 300 million in revenue, contributing to incremental profits for the company [1] Group 2 - The completion of the acquisition is anticipated in the second half of 2025, according to CICC [1] - Citigroup noted improvements in the company's operational and business development quality, with enhanced hotel performance and stable transportation and travel document services, offsetting losses from investment property fair value and theme park impairments [1]