Investment Rating - The industry is rated as "Outperforming the Market" [4] Core Insights - The social service industry outperformed the Shanghai Composite Index by approximately 4.33 percentage points, with a weekly increase of 2.65% [7][8] - The education sector saw a significant weekly increase of 17.72%, while the hotel and catering, tourism and scenic spots, and professional services sectors experienced declines of -0.54%, -1.52%, and -3.23% respectively [8][9] - Domestic travel demand is stabilizing, with a year-on-year and quarter-on-quarter increase in business travel orders of 20.72% and 5.6% respectively [22] Industry Weekly Performance - From October 28 to November 1, the Shanghai Composite Index fell by -1.68%, while the social service industry rose by 2.65%, ranking fourth among the primary industry sectors [7] - The education sector led the weekly performance with a transaction volume of 578.77 billion yuan and an average turnover rate of 99.66% [10] Industry High-Frequency Data Tracking - The average daily number of domestic flights from October 28 to November 3 was 12,031, a decrease of 5.00% from the previous week and a decrease of 1.01% compared to the same period in 2023 [14] - The Hainan tourism consumption price index was 102.23, reflecting a week-on-week increase of 0.94% and a year-on-year increase of 1.92% [16] - In September 2024, the duty-free sales amounted to 1.676 billion yuan, a month-on-month decrease of 23.71% and a year-on-year decrease of 38.40% [18] Industry News and Company Announcements - The State Council issued measures to accelerate the improvement of the fertility support policy system, aiming to create a fertility-friendly society [19] - Starting November 8, 2024, China will implement visa-free entry for citizens from nine countries, which is expected to create new development opportunities for related service industries [20]
社会服务行业周报（2024年第45周）
Mai Gao Zheng Quan·2024-11-09 09:52