Top Chinese Travel and Tourism Stocks to Watch175


The tourism industry in China is a major driver of economic growth, with the country being home to some of the world's most popular tourist destinations. As a result, there are a number of publicly traded companies in China that are focused on the tourism and hospitality sector.

Here are five of the top Chinese travel and tourism stocks to watch:1. China Tourism Group Duty Free Corp.

China Tourism Group Duty Free Corp. is the largest travel retailer in China, with a market share of over 50%. The company operates a network of over 200 duty-free stores in major cities and tourist destinations across the country. In 2019, the company reported total revenue of 53.2 billion yuan (US$7.7 billion) and net income of 11.9 billion yuan (US$1.7 billion). The company's shares are traded on the Shanghai Stock Exchange.2. China CYTS Tours Holding Co.

China CYTS Tours Holding Co. is a leading tour operator in China, with a market share of over 20%. The company offers a wide range of tour packages, including package tours, customized tours, and business travel services. In 2019, the company reported total revenue of 21.3 billion yuan (US$3.1 billion) and net income of 2.4 billion yuan (US$348 million). The company's shares are traded on the Shenzhen Stock Exchange.3. Beijing Tourism Group

Beijing Tourism Group is a state-owned enterprise that is responsible for the development and operation of tourism in Beijing. The company operates a number of tourist attractions, including the Forbidden City, the Great Wall, and the Temple of Heaven. In 2019, the company reported total revenue of 14.8 billion yuan (US$2.1 billion) and net income of 2.1 billion yuan (US$303 million). The company's shares are traded on the Shanghai Stock Exchange.4. Shanghai Jinjiang International Hotels Group

Shanghai Jinjiang International Hotels Group is a leading hotel operator in China, with a portfolio of over 1,000 hotels. The company operates a variety of hotel brands, including Jinjiang, Vienna, and Ramada. In 2019, the company reported total revenue of 30.6 billion yuan (US$4.4 billion) and net income of 4.2 billion yuan (US$607 million). The company's shares are traded on the Shanghai Stock Exchange.5. China Southern Airlines

China Southern Airlines is the largest airline in China, with a market share of over 20%. The company operates a network of over 1,000 routes to over 200 destinations in China and around the world. In 2019, the company reported total revenue of 159.5 billion yuan (US$23.1 billion) and net income of 11.5 billion yuan (US$1.7 billion). The company's shares are traded on the Shanghai Stock Exchange.

These are just a few of the many Chinese travel and tourism stocks that are available to investors. The tourism industry in China is expected to continue to grow in the coming years, so these stocks could be a good investment for those looking to capitalize on this growth.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as investment advice. It is recommended that you consult with a qualified financial advisor before making any investment decisions.

2024-11-19


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