Mei Ri Jing Ji Xin Wen·2025-11-10 03:30Core Viewpoint - The A-share tourism and hotel sector is experiencing significant growth, driven by various factors including upcoming holidays and favorable policies [1] Group 1: Market Performance - The tourism ETF (159766) saw an intraday increase of 5.33%, with a current increase of 5.19%, making it the top-performing ETF in the market [1] - Key stocks in the sector, such as China Duty Free Group, Overseas Chinese Town A, and Jin Jiang Hotels, hit the 10% daily limit, while ShouLai Hotel and Junting Hotel both rose over 7% [1] Group 2: Economic Indicators - The National Bureau of Statistics reported a 0.2% month-on-month increase in the Consumer Price Index (CPI) for October, with a year-on-year increase of 0.2% [1] - The core CPI, excluding food and energy prices, rose by 1.2% year-on-year, marking the sixth consecutive month of growth [1] Group 3: Policy and Future Outlook - Hainan Free Trade Port is set to officially launch its "closure" on December 18, significantly increasing the proportion of zero-tariff imported goods within the island [1] - Analysts note that the upcoming New Year and extended Spring Festival holidays, along with the rising popularity of winter tourism and the introduction of duty-free and visa-free policies, are contributing to the heightened interest in the tourism sector [1] Group 4: Sector Valuation - The tourism ETF closely tracks the CSI Tourism Theme Index, which encompasses various sub-sectors including scenic spots, airports, duty-free, and hotel dining [1] - Following previous market adjustments, the valuation of the tourism sector has returned to a relatively reasonable level, enhancing the margin of safety for investors [1]