社会服务行业周报（2024年第46周）

Investment Rating - The report maintains an "Outperform the Market" rating for the social service industry [4]. Core Insights - The social service sector outperformed the Shanghai Composite Index by approximately 0.71 percentage points, with a weekly increase of 6.21% compared to the index's 5.50% rise [7][8]. - The education sector experienced a slight decline of 0.45%, while the hotel and catering, tourism and scenic spots, and professional services sectors saw increases of 9.46%, 8.93%, and 7.65% respectively [8][10]. - The report highlights the upcoming ice and snow season, with government initiatives aimed at boosting the ice and snow economy, targeting a total scale of 1.2 trillion yuan by 2027 and 1.5 trillion yuan by 2030 [19]. - The issuance of "Lanmei Visa" for business personnel from the Mekong River countries is expected to enhance regional cooperation and stimulate tourism [20]. - Shanghai's Pudong New District government has allocated 100 million yuan in consumption vouchers to promote offline dining and increase consumer activity [21]. Industry Performance Analysis - From November 4 to November 8, the social service industry ranked 16th among various sectors, with a weekly trading volume of 524.67 billion yuan for the education sector, which had a turnover rate of 98.66% [10]. - The average daily number of domestic flights was 12,203, reflecting a week-on-week increase of 1.43% and a year-on-year increase of 4.72% [13]. - The total tourism consumption price index in Hainan was reported at 94.97, showing a week-on-week decrease of 7.10% and a year-on-year decrease of 4.68% [15]. Industry News and Company Announcements - The report discusses the strategic cooperation memorandum signed between Trip.com Group and Standard Chartered China, aimed at enhancing cross-border travel services [22]. - Zhongtong Express and China Duty Free Group have established a partnership to facilitate the delivery of duty-free products [23]. - The report also mentions the restructuring progress of Doushen Education, which is undergoing a court-approved restructuring plan [24].