智通财经网·2025-11-03 15:52Core Viewpoint - The article highlights the positive market response of hotel stocks, specifically Atour (ATAT.US) and Huazhu (HTHT.US), following the announcement of China's 14th Five-Year Plan, which aims to boost consumption and service sectors [1] Group 1: Market Performance - Atour (ATAT.US) shares increased by over 4% [1] - Huazhu (HTHT.US) shares rose by over 2% [1] Group 2: Policy Implications - The 14th Five-Year Plan emphasizes the implementation of special actions to stimulate consumption and expand the supply of quality consumer goods and services [1] - Key focuses include easing market access, integrating business formats, enhancing brand leadership, upgrading standards, and applying new technologies to promote the expansion and upgrading of goods consumption [1] Group 3: Investment Opportunities - Huachuang Securities suggests that China's service consumption is currently in a transformative phase, with strong policy support indicating that service consumption could become a key investment theme [1] - The report recommends paying attention to hotel groups that are showing improvements in operational margins [1]