Core Viewpoint - Tongcheng Travel (00780) has seen its stock price rise over 3%, reaching a historical high of 24.88 HKD, driven by new policies aimed at expanding service consumption in China [1] Group 1: Company Performance - As of the report, Tongcheng Travel's stock is up 3.33%, trading at 24.84 HKD with a transaction volume of 166 million HKD [1] - The company is expected to benefit from the new policies that may lead to a more balanced distribution of tourism demand throughout the year [1] Group 2: Industry Insights - The Ministry of Commerce and nine other departments issued a notice on September 16, outlining measures to attract more foreign visitors and optimize student holiday arrangements [1] - The potential establishment of fixed spring and autumn breaks could create new travel peaks, enhancing overall tourism demand [1] - Citigroup forecasts strong tourism demand during the combined National Day and Mid-Autumn Festival holiday in 2025, predicting that long-distance and outbound travel will benefit significantly [1] - Citigroup maintains a "Buy" rating for Tongcheng Travel with a target price of 28 HKD [1]
同程旅行涨超3%再破顶 黄金周旅游热度高涨 机构看好扩大服务消费提振OTA