Fullgoal CSI Tourism Theme ETF

Air China Issues 2 Billion Yuan SCP003 Short-term Financing Bill with Coupon Rate of 1.38%

China Southern Airlines VP Wang Jinshen under investigation for serious violations

Air China April 2026 Passenger Traffic Up 5.8% to 25.122 Billion Passenger Kilometers

China Eastern Airlines Announces April Operating Data: Cargo Turnover Surges 19.1%, Load Factor Rises to 87.87%

China Southern Airlines Announces April Passenger Traffic Down 0.58%, Cargo Up 1.56%

China Eastern April Passenger Traffic Down 0.94%, Cargo Up 13.62%, C919 Introduced

Air China April Passenger Numbers Up 2.6% YoY, First Four Months Up 8.4%

Air China Announces April Operating Data: Passenger and Cargo Turnover Both Rise

China Eastern Airlines Maintains AAA Rating from Dagong, Outlook Stable

Air China reports April load factor reaches 85.5%

China Eastern Airlines Releases April 2026 Operation Report: Passenger Capacity Up 0.84%, New Routes Launched

China Eastern Airlines Plans to Repurchase Shares Worth 500M-1B CNY to Reduce Capital

Morgan Stanley Cuts Chinese Airline Stock Price Targets

China Southern Airlines' Proposed A-Share Private Placement to Be Submitted for Shareholder Approval

Goldman Sachs Downgrades China Tourism Retail's Target Price and Earnings Forecast

US Experts Analyze EVA Air Flight MU5735 Crash Due to Pilots Intentionally Controlling the Plane

Recovery of China's Tourism and Culture Market, Diverging Performance of Cultural and Tourism Groups

China Southern Airlines Holds 2026 Annual Shareholders' Meeting to Seek Issuance of Additional Shares Authorization

China Eastern Airlines to Hold 2025 Annual General Meeting

NTSB Releases Investigation Results of Eastern Airlines Boeing 737 Crash

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Tourism concept stocks weakened throughout the day, with China Southern Airlines falling over 3%, China Tourism Group Duty Free Corporation, Air China, and Hainan Airport Infrastructure dropping over 2%. Tourism-related ETFs also fell over 2%. Research institutions pointed out that 2026 will be the inaugural year of China's flexible holiday system, and the market still relatively underestimates the flexibility of holiday policies, suggesting attention to allocation opportunities in the travel sector. Meanwhile, the booking enthusiasm for the May Day holiday is rapidly rising, and travel demand is expected to continue to grow

腾讯新闻 - 财经

Air China

ChinaAMC CSI Tourism Theme ETF

AIR CHINA

Hainan Airport Infrastructure

CHINA SOUTH AIR

CTG DUTY-FREE

Tourism concept stocks weakened throughout the day, with tourism-related ETFs falling over 2%

The service industry is an important component of the modern industrial system. General Secretary Xi Jinping emphasized the need to build a new system of high-quality and efficient services. According to the "14th Five-Year Plan," the added value of the service industry is expected to reach 80.89 trillion yuan by 2025, with its proportion of GDP increasing to 57.7%. The cultural and tourism industry, as an important part of the life service industry, promotes consumption growth and meets people's aspirations for a better life through cross-industry integration and technological scene experiences

Three Scenarios for the High-Quality and Efficient Development of the Service Industry

MCHI

The "Analysis of China's Tourism Economy Operation in 2025 and Development Forecast for 2026" (China Tourism Economy Blue Book NO.18) was recently released, showing that China's tourism economy will enter a new cycle of prosperous development in 2025, with major market indicators reaching historical highs. Domestic tourism demand is upgrading, with lower-tier cities and rural areas becoming new growth points, and the willingness of rural residents to travel reaching 81.0%. It is expected that the number of domestic tourists will reach 6.949 billion in 2026, a year-on-year increase of 6.0%, while the number of inbound tourists will be 163 million, a year-on-year increase of 8.0%

iShares MSCI China

China Tourism Economy Blue Book: The tourism economy enters a new cycle of prosperous development

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In the first quarter of 2026, the Chinese hotel auction market showed differentiation, with the auction failure rate for hotels priced over 300 million yuan exceeding 90%, while smaller hotels priced below 300 million yuan became favored, becoming high-frequency transaction targets. Investment logic has shifted from scale to efficiency, and market reconstruction has begun. A report by Jones Lang LaSalle (JLL) indicates that the global hotel investment market will welcome structural opportunities in 2026, with hotel investment transaction volumes in the Asia-Pacific region expected to rebound, particularly small projects in non-first-tier cities attracting attention due to lower investment thresholds and controllable risks

ChinaAMC CSI All Share Real Estate ETF

Yinhua CSI Interior Real Estate Theme ETF

China Southern CSI All Share Real Estate ETF

JINJIANG HOTELS

BTG Hotels

Large hotels are not selling well, is "small and beautiful" not enough to sell? Analyzing the "explosive sales" secrets of hotel assets under 300 million yuan

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上海锦江国际酒店股份有限公司

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China's luxury hotel sector is experiencing growth due to a surge in inbound tourism and an increase in foreign travelers preferring high-end accommodations. Visa-free policies have attracted international visitors, particularly from developed countries, contributing significantly to hotel revenues. The Peninsula Hotels report a balanced mix of domestic and international guests, with major cities like Shanghai and Beijing benefiting the most. Despite this growth, experts note that inbound tourism will not fundamentally reshape the hotel industry, which remains largely dependent on domestic demand. Positive revenue trends are expected to continue in the coming quarters.

SCMP

MAGNIFICENT

HK&S HOTELS

Visa-free travel, rising foreign visitors boost luxury hotel growth in China

CHIQ

DRAG

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The Ministry of Commerce has released 16 policy measures aimed at promoting travel service exports and expanding inbound consumption. These measures cover areas such as expanding inbound tourism consumption, facilitating business activities, activating event consumption, enriching cultural and entertainment consumption, expanding health consumption, and developing education and training consumption. The policies also propose enriching inbound travel products, enhancing international exhibition services, supporting the introduction of international events, optimizing performance approval management, and promoting the integration of consumption resources, as well as launching new models such as "events + tourism" packages

Global X China Consumer

Roundhill China Dragons ETF

GX CN CONSUME

Invesco Golden Dragon China

CSI 300

NASDAQ Golden Dragon China Index

SSE Index

The Ministry of Commerce released 16 measures to promote travel service exports and expand inbound consumption

During the Spring Festival holiday, Chengdu received a total of 23.782 million tourists, a year-on-year increase of 5.9%; total tourism expenditure reached 25.75 billion yuan, an increase of 33.0%. The per capita tourism consumption was 1,082.7 yuan, an increase of 25.5%. Out-of-town tourists numbered 9.312 million, an increase of 7.2%; inbound tourists reached 77,000, an increase of 47.2%. A-level scenic spots received 15.211 million tourists, an increase of 8.8%

Wallstreetcn

During the Spring Festival holiday, Chengdu received a total of 23.782 million visitors, with total tourism spending of 25.75 billion yuan

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In the first four days before the holiday, the average daily sales of key retail and catering enterprises nationwide increased by 8.6% compared to 2025. In the first three days of the holiday, the foot traffic and sales monitored by the Ministry of Commerce in 78 pedestrian streets increased by 4.5% and 4.8%, respectively. Domestic travel consumption grew by 4.5%, car rental orders increased by 26%, and cross-regional orders between the north and south surged by 196%

ChinaAMC CSI All Share Consumer Discretionary ETF

Data shows: In the first four days before the holiday, the average daily sales of key retail and catering enterprises nationwide increased by 8.6% compared to last year

Fullgoal CSI Tourism Theme ETF(159766.SZ)

Tourism concept stocks weakened throughout the day, with tourism-related ETFs falling over 2%

Three Scenarios for the High-Quality and Efficient Development of the Service Industry

China Tourism Economy Blue Book: The tourism economy enters a new cycle of prosperous development

Large hotels are not selling well, is "small and beautiful" not enough to sell? Analyzing the "explosive sales" secrets of hotel assets under 300 million yuan

Visa-free travel, rising foreign visitors boost luxury hotel growth in China