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]