携程集团绩后上涨超2%。消息面上，携程集团近日发布2025年第三季度业绩，三季度净营业收入达183 亿元人民币，同比增16%。主要得益于全球旅游需求的持续增强。季度净利润达199亿元人民币，较 2024年同期的68亿元人民币，同比大幅增长。 11月18日早盘，港股三大指数集体下跌。盘面上，科网股普跌，汽车股走弱。主流ETF方面，A股同赛 道规模最大的恒生科技指数ETF（513180）跟随指数下跌，持仓股中，小鹏汽车、联想集团、小米集 团、蔚来、理想汽车、比亚迪（002594）股份等跌幅居前，华虹、携程集团、中芯国际等少数公司上 涨。 申万宏源指出，在线旅游公司的收入增速快于旅游大盘，受益于线上转化率的提升，以及用户大部分是 休闲用户，商旅占比少。携程和同程旅行今年没有受到近期新进入竞争玩家的影响，反而国内的营销效 率在提升，同时出境游和纯海外业务的增速更高也提供长期的业绩增长驱动力。 此外，携程本季度的国际业务表现尤为亮眼。具体来看，国际OTA平台的总预订量同比增长约60%，入 境旅游预订量同比增长超过100%。同时，出境酒店和机票的预订量已攀升至2019年同期水平的140%。 ...

11月18日，三湘印象盘中下跌2.17%，截至09:53，报4.97元/股，成交1.08亿元，换手率1.84%，总市值 58.68亿元。 资金流向方面，主力资金净流入113.76万元，特大单买入240.33万元，占比2.23%，卖出722.18万元，占 比6.69%；大单买入2601.68万元，占比24.11%，卖出2006.08万元，占比18.59%。 三湘印象今年以来股价涨28.09%，近5个交易日涨16.39%，近20日涨32.18%，近60日涨41.19%。 资料显示，三湘印象股份有限公司位于上海市杨浦区逸仙路333号，成立日期1994年1月20日，上市日期 1997年9月25日，公司主营业务涉及房地产开发与经营;旅游文化演艺类业务。主营业务收入构成为：房 地产销售78.68%，文化演艺10.16%，房屋租赁5.58%，其他4.68%，建筑施工0.91%。 三湘印象所属申万行业为：房地产-房地产开发-住宅开发。所属概念板块包括：旅游酒店、在线旅游、 低价、小盘、BIPV概念等。 截至9月30日，三湘印象股东户数3.34万，较上期减少18.02%；人均流通股34830股，较上期增加 21.98%。202 ...

资料显示，三湘印象股份有限公司位于上海市杨浦区逸仙路333号，成立日期1994年1月20日，上市日期 1997年9月25日，公司主营业务涉及房地产开发与经营;旅游文化演艺类业务。主营业务收入构成为：房 地产销售78.68%，文化演艺10.16%，房屋租赁5.58%，其他4.68%，建筑施工0.91%。 三湘印象所属申万行业为：房地产-房地产开发-住宅开发。所属概念板块包括：旅游酒店、在线旅游、 小盘、低价、BIPV概念等。 截至9月30日，三湘印象股东户数3.34万，较上期减少18.02%；人均流通股34830股，较上期增加 21.98%。2025年1月-9月，三湘印象实现营业收入5.95亿元，同比减少39.27%；归母净利润737.34万元， 同比减少88.70%。 11月14日，三湘印象盘中上涨2.08%，截至09:35，报4.90元/股，成交1.47亿元，换手率2.58%，总市值 57.85亿元。 资金流向方面，主力资金净流入423.19万元，特大单买入328.15万元，占比2.24%，卖出865.05万元，占 比5.90%；大单买入4522.13万元，占比30.86%，卖出3562.05万元，占比24 ...

11月13日，华天酒店盘中上涨2.32%，截至13:55，报3.53元/股，成交5559.43万元，换手率1.57%，总市 值35.97亿元。 资金流向方面，主力资金净流入370.39万元，特大单买入105.09万元，占比1.89%，卖出143.59万元，占 比2.58%；大单买入914.58万元，占比16.45%，卖出505.69万元，占比9.10%。 华天酒店今年以来股价涨10.31%，近5个交易日涨4.75%，近20日涨11.36%，近60日涨3.52%。 今年以来华天酒店已经3次登上龙虎榜，最近一次登上龙虎榜为9月23日，当日龙虎榜净买入32.19万 元；买入总计3978.70万元 ，占总成交额比11.27%；卖出总计3946.51万元 ，占总成交额比11.18%。 资料显示，华天酒店集团股份有限公司位于湖南省长沙市芙蓉区解放东路300号华天大酒店贵宾楼五 楼，成立日期1996年8月3日，上市日期1996年8月8日，公司主营业务涉及酒店服务及旅游地产等业务。 主营业务收入构成为：餐饮34.69%，客房32.85%，其他30.87%，娱乐1.59%。 华天酒店所属申万行业为：社会服务-酒店餐饮-酒店。所 ...

Core Viewpoint - Huabang Health's stock price has shown significant growth this year, with a year-to-date increase of 21.27% and a recent surge in trading activity, indicating positive market sentiment towards the company [1][2]. Financial Performance - For the period from January to September 2025, Huabang Health achieved a revenue of 9.086 billion yuan, reflecting a year-on-year growth of 1.98%. The net profit attributable to shareholders was 612 million yuan, marking a substantial increase of 35.37% [2]. - The company has distributed a total of 4.909 billion yuan in dividends since its A-share listing, with 1.265 billion yuan distributed over the past three years [3]. Shareholder Structure - As of September 30, 2025, the number of shareholders for Huabang Health was 72,400, a decrease of 1.97% from the previous period. The average number of circulating shares per shareholder increased by 2.01% to 25,997 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 9.6272 million shares, and Southern CSI 1000 ETF, which entered the top ten with 14.4859 million shares [3]. Market Activity - On November 13, Huabang Health's stock rose by 2.14%, with a trading volume of 158 million yuan and a turnover rate of 1.62%. The total market capitalization reached 10.375 billion yuan [1]. - The stock has been active in the market, with a net inflow of 9.8835 million yuan from main funds and significant trading volumes in both buying and selling [1].

Core Viewpoint - Changbai Mountain's stock price has shown fluctuations, with a year-to-date increase of 15.61% but a recent decline of 7.71% over the past five trading days [1] Company Overview - Changbai Mountain Tourism Co., Ltd. is located in Jilin Province and was established on December 8, 2010, with its listing date on August 22, 2014 [1] - The company's main business includes tourism services, with revenue composition as follows: 66.82% from tourism transportation, 24.09% from hotel operations, 6.82% from other businesses, and 2.28% from travel agency services [1] Financial Performance - For the period from January to September 2025, Changbai Mountain achieved an operating income of 636 million yuan, representing a year-on-year growth of 6.99%, and a net profit attributable to shareholders of 149 million yuan, up 1.05% year-on-year [2] - Since its A-share listing, the company has distributed a total of 144 million yuan in dividends, with 42.53 million yuan distributed over the past three years [2] Shareholder Structure - As of September 30, 2025, the number of shareholders increased by 25.35% to 45,900, with an average of 5,814 circulating shares per person, a decrease of 20.23% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited and various ETFs, with notable increases in holdings from some shareholders [3]

Core Insights - Xiyu Tourism's stock price decreased by 2.02% on November 12, trading at 38.39 CNY per share with a total market capitalization of 5.95 billion CNY [1] - The company has experienced a year-to-date stock price increase of 10.06%, but has seen declines of 5.26% over the last five trading days, 4.98% over the last 20 days, and 10.09% over the last 60 days [1] - For the period from January to September 2025, Xiyu Tourism reported a revenue of 286 million CNY, reflecting a year-on-year growth of 6.20%, while net profit attributable to shareholders decreased by 14.51% to 98.58 million CNY [2] Financial Performance - The company has cumulatively distributed 108 million CNY in dividends since its A-share listing, with 93 million CNY distributed over the last three years [3] - As of September 30, 2025, the top ten circulating shareholders include notable entities such as the Fortune China Securities Tourism Theme ETF, which increased its holdings by 64.51 million shares [3] Business Overview - Xiyu Tourism, established on January 18, 2001, and listed on August 6, 2020, focuses on tourism resource development and operations, including services such as tourist transportation, cable car sightseeing, boat tours, hot spring hotels, and travel agencies [2] - The company's revenue composition is primarily from tourist transportation (64.81%), followed by cable car transportation (13.16%), boat tours (11.36%), and other services [2]

Core Viewpoint - Yunnan Chengtou's stock price has shown a slight increase this year, but recent trading data indicates a net outflow of funds, suggesting potential investor concerns about the company's performance and market position [1][2]. Financial Performance - For the period from January to September 2025, Yunnan Chengtou reported operating revenue of 1.336 billion yuan, a year-on-year decrease of 2.97% [2]. - The company recorded a net profit attributable to shareholders of -35.22 million yuan, representing a significant year-on-year decline of 296.01% [2]. Stock Market Activity - As of November 12, Yunnan Chengtou's stock price was 2.72 yuan per share, with a market capitalization of 4.367 billion yuan [1]. - The stock has increased by 1.87% year-to-date, with a 0.74% rise over the last five trading days, a 5.02% increase over the last 20 days, and a 9.68% increase over the last 60 days [1]. Shareholder Information - As of October 31, the number of shareholders for Yunnan Chengtou was 54,200, an increase of 3.25% from the previous period [2]. - The average number of circulating shares per shareholder was 29,629, a decrease of 3.15% from the previous period [2]. Dividend History - Since its A-share listing, Yunnan Chengtou has distributed a total of 707 million yuan in dividends, with no dividends paid in the last three years [3]. Institutional Holdings - As of September 30, 2025, the sixth largest circulating shareholder was the Southern CSI Real Estate ETF, holding 12.1863 million shares, which is a decrease of 82,200 shares from the previous period [3].

Core Viewpoint - The stock of Sanxiang Impression has shown a significant increase in recent trading sessions, reflecting positive market sentiment despite a decline in revenue and profit year-on-year [1][2]. Group 1: Stock Performance - As of November 12, Sanxiang Impression's stock price rose by 2.11%, reaching 4.36 CNY per share, with a trading volume of 38.72 million CNY and a turnover rate of 0.77% [1]. - The stock has increased by 12.37% year-to-date, with a 6.86% rise over the last five trading days, 19.45% over the last 20 days, and 21.45% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Sanxiang Impression reported a revenue of 595 million CNY, a year-on-year decrease of 39.27%, and a net profit attributable to shareholders of 7.37 million CNY, down 88.70% year-on-year [2]. - The company has cumulatively distributed 1.85 billion CNY in dividends since its A-share listing, with no dividends paid in the last three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Sanxiang Impression decreased by 18.02% to 33,400, while the average number of tradable shares per person increased by 21.98% to 34,830 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the sixth largest with 9.75 million shares, marking its entry as a new shareholder [3].

Core Viewpoint - Qujiang Cultural Tourism has shown a significant stock price increase this year, with a notable rise in recent trading days, indicating positive market sentiment despite some financial challenges [2][3]. Group 1: Stock Performance - As of November 12, Qujiang Cultural Tourism's stock price increased by 2.26%, reaching 11.32 CNY per share, with a total market capitalization of 2.887 billion CNY [1]. - The stock has risen 17.92% year-to-date, with a 6.69% increase over the last five trading days, 10.87% over the last 20 days, and 8.85% over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, Qujiang Cultural Tourism reported a revenue of 738 million CNY, a year-on-year decrease of 30.68%, while the net profit attributable to shareholders was -24.84 million CNY, reflecting an 86.26% increase in losses compared to the previous year [3]. - The company has not distributed any dividends in the last three years, with a total payout of 18.48 million CNY since its A-share listing [4]. Group 3: Shareholder and Institutional Holdings - As of September 30, 2025, the number of shareholders decreased to 40,900, while the average circulating shares per person increased by 4.76% to 6,214 shares [3]. - Among the top ten circulating shareholders, the Fortune CSI Tourism Theme ETF increased its holdings by 1.1151 million shares, while the Huaxia CSI Tourism Theme ETF raised its stake by 221,100 shares [4].