Zhi Tong Cai Jing·2026-01-06 06:42Core Viewpoint - The tourism sector stocks have collectively risen, driven by positive data from the New Year's holiday travel, indicating a robust recovery in domestic and cross-border travel [1] Group 1: Stock Performance - Tongcheng Travel (00780) increased by 5.02%, reaching HKD 23.86 [1] - Trip.com Group (09961) rose by 4.08%, trading at HKD 600 [1] - Huazhu Group (01179) saw a 4.01% increase, priced at HKD 38.36 [1] - Meituan (03690) gained 1.42%, with a share price of HKD 106.9 [1] Group 2: Travel Data Insights - During the three-day New Year's holiday, 142 million domestic trips were made, a 5.2% increase compared to the 2024 New Year's holiday [1] - Total domestic travel expenditure reached CNY 84.789 billion, marking a 6.3% increase from the previous year [1] - Per capita spending increased by 1.1% compared to the 2024 New Year's holiday [1] Group 3: Cross-Border Travel Trends - The National Immigration Administration reported an average of 2.2 million daily inbound and outbound travelers during the holiday, a year-on-year increase of 28.6% [1] - The number of outbound trips by mainland residents grew by 39.1% year-on-year [1] - Citigroup's report anticipates stable domestic travel performance for the 2026 New Year, with strong expectations for cross-border travel, particularly for the upcoming Spring Festival, which will have a nine-day holiday, one day longer than in 2025 [1]