Core Viewpoint - Feidao Tourism Technology (08069) anticipates a significant increase in net losses for the six months ending September 30, 2025, projected to rise by approximately 550% compared to a net loss of about 588,000 HKD for the six months ending September 30, 2024, primarily due to unfounded disaster rumors related to a predicted large-scale earthquake in Japan [1] Group 1 - The main reason for the increased losses is the panic among tourists triggered by a manga artist's prediction of a catastrophic event in Japan in July 2025, which has led to widespread fear and calls for travelers to cancel or postpone their trips [1] - The prediction includes potential disasters such as earthquakes and tsunamis, significantly impacting travel bookings, especially from Hong Kong [1] - The situation has resulted in some Hong Kong airlines reducing or canceling flights between Hong Kong and Japan due to the decline in travel demand [1] Group 2 - Japan is a key destination for the company's outbound tourism, and the rumors have severely affected bookings for travel groups during the peak summer months of July and August [1] - Both revenue and gross profit are expected to decline sharply for the six months ending September 30, 2025, due to the impact of these rumors [1] - Despite the unfounded nature of the earthquake prediction and the subsequent confirmation that it is false, management remains confident in the eventual recovery of the Japanese tourism industry and believes that outbound tourism, sightseeing, and hotel businesses will thrive [1]

Core Viewpoint - The company, Feidao Tourism Technology (08069), anticipates a significant increase in net losses for the six months ending September 30, 2025, projected to rise by approximately 550% compared to a net loss of about 588,000 HKD for the six months ending September 30, 2024, primarily due to unfounded disaster rumors related to a predicted large-scale earthquake in Japan [1] Group 1: Financial Impact - The expected net loss for the upcoming period is projected to be substantially higher, indicating severe financial strain on the company [1] - The anticipated losses are attributed to a drastic decline in bookings for tours to Japan, which is a key destination for the company, particularly during the peak travel months of July and August [1] Group 2: Market Reaction - The rumors of a catastrophic event have led to panic among travelers, especially those from Hong Kong, resulting in calls on social media to cancel or postpone trips [1] - Some airlines in Hong Kong have responded by reducing or canceling flights to Japan due to the drop in demand caused by these rumors [1] Group 3: Future Outlook - Despite the current challenges, the management remains optimistic about the recovery of the Japanese tourism industry and maintains confidence in the company's strategic direction [1] - The company believes that outbound tourism, sightseeing, and hotel businesses will eventually thrive again [1]

Group 1 - The core viewpoint of the news is that despite a significant increase in stock price, Nanjing Tourism (600250.SH) reported disappointing earnings forecasts for the first half of 2025, with expected net profit declining by 67.40% to 78.27% compared to the same period last year [1] - Nanjing Tourism's expected net profit for the first half of 2025 is projected to be between 6 million to 9 million yuan, while the expected net profit after deducting non-recurring gains and losses is estimated to be between 5.5 million to 8.5 million yuan, indicating a decline of 17.34% to 46.52% year-on-year [1] - The company attributed the decrease in earnings to two main reasons: the previous year's substantial investment gains from a subsidiary's bankruptcy liquidation and a decline in performance in its tourism services and other business segments [1] Group 2 - In 2024, Nanjing Tourism reported an operating revenue of 776 million yuan, a year-on-year decrease of 9.31%, while net profit increased by 33.69% to 45.64 million yuan, but the net profit excluding non-recurring gains and losses fell by 81.78% to 5.65 million yuan [2] - The tourism services segment achieved an operating revenue of 280 million yuan in 2024, a year-on-year increase of 29.39%, while the boat business generated 207 million yuan, a decrease of 3.19% year-on-year [2] - The retail business saw a significant decline in revenue, down 40.41% to 90 million yuan, and the trade business also decreased by 20.14% to 298 million yuan, although export business revenue increased by 35.55% year-on-year [2] Group 3 - Nanjing Tourism officially initiated an asset restructuring process in May 2024, planning to acquire 100% equity of Nanjing Huangpu Hotel Co., Ltd. for 199 million yuan through a combination of share issuance and cash payment, with additional fundraising not exceeding 39.83 million yuan [3] - The restructuring aims to add hotel operations to Nanjing Tourism's portfolio, which will support the company's strategic layout in the tourism industry [3] - The restructuring proposal was accepted by the Shanghai Stock Exchange in March 2024, and the company has completed the necessary updates for the evaluation and application documents by June 25, 2024 [3]