社会服务行业周报（2024年第50周）

Investment Rating - The industry rating is maintained as "Outperform the Market" [4][3]. Core Insights - The social service sector experienced a weekly increase of 4.50%, outperforming the Shanghai Composite Index by approximately 3.06%, ranking 6th among sectors [3][9]. - The education sector led the gains with a 9.80% increase, followed by tourism and scenic areas at 3.69%, hotel and catering at 2.38%, and professional services at 2.09% [11][12]. - The weekly transaction volume in the education sector was the highest at 39.014 billion, with an average turnover rate of 97.02%, and P/E and P/B ratios of 125 times and 5.1 times, respectively [15]. Industry Weekly Performance - From December 2 to December 6, the Shanghai Composite Index rose by 1.44%, while the social service industry increased by 4.50%, outperforming the index [9]. - The breakdown of the social service sector's performance shows significant gains in education, tourism, hotel and catering, and professional services [11]. Industry High-Frequency Data Tracking - The average daily number of domestic flights from December 2 to December 8 was 11,943, a decrease of 1.10% from the previous week but an increase of 1.62% compared to the same period in 2023 [20]. - The total tourism consumption price index in Hainan for the same week was 99.70, reflecting a decrease of 5.48% from the previous week and a decline of 3.64% year-on-year [22]. Industry News and Company Announcements - The Ministry of Commerce and nine other departments released an action plan on December 3 to enhance the modern commercial circulation system, aiming for a well-connected and efficient system by 2027 [29]. - A global promotion event for Hainan Free Trade Port was held on December 4, highlighting new opportunities for modernization [30]. - On December 5, the National Development and Reform Commission announced a plan to promote the high-quality development of the ice and snow economy in Northeast China [31].