Lack of consumer willingness, china tourism group duty free corporation's performance continues to decline. Net profit in Q3 decreased by 50% year-on-year. interpretations
1. China Tourism Group Duty Free Corporation's Q3 quarterly net income attributable to parent company decreased by over fifty percent year-on-year, with insufficient consumer consumption willingness as the main reason for the decline; 2. Industry insiders said that various tax-free consumption indicators may continue to decline slowly in the short term.
Pre-holiday big gift attack! Hong Kong stocks are expected to continue rising, grab this investment "gift list" on the eve of the National Day holiday.
It is worth noting that, with the approach of the National Day holiday in 2014-2023, the chance of the Hang Seng Index rising after the National Day holiday reaches 70%. On the other hand, looking at the performance of the Hang Seng Tech Index, the chance of increase from 2015 to 2023 is close to 80%.
Hainan offshore duty-free under pressure, China Tourism Group Duty Free Corporation's revenue and net profit both decrease, analysts say: limited impact from new tax-free policy in the city | Interpretations
①The china tourism group duty free corporation's H1 revenue decreased by 12.81% year-on-year, and the net income attributable to shareholders decreased by 15.07% year-on-year; ②Recently, several departments have issued a "Notice on Improving the Policy of Duty-free Shops in the City", while the Department of Commerce of Hainan Province has organized the distribution of "Air Ticket + Duty-free" consumer coupons; ③Analysts believe that the new policy of city duty-free shops has a limited impact on the duty-free market due to the narrow range of customer groups involved.
Swiss Re Life has acquired a stake in China Tourism Group Duty Free Corporation, placing a rare 'bet' on the commercial and trade services sector, possibly due to the rebound in consumer demand. Recently, insurance capital has been aggressively buying H s
China Life Insurance Co., Ltd. has increased its shareholding in China Tourism Group Duty Free Corporation's H shares to 5%, triggering a takeover bid for the second time in two weeks. This time, the target company, China Tourism Group Duty Free Corporation, is a commercial and services enterprise, which is relatively uncommon among the insurance companies that have launched takeover bids this year. The trend of insurance companies "sweeping" H shares is becoming increasingly apparent, with five H-share companies being taken over by insurance companies in the past two weeks.
Breaking news of consumption tax reform! Consumer stocks are all soaring. How much impact will it have if it is implemented?
There are reports that a rumored trillion-yuan consumer tax reform is imminent, with luxury goods and high-end services possibly being the first to pilot.
Seize outbound travel bonuses? Baiyun Airport signs exit tax exemption contract with China Duty Free Group
① Baiyun Airport signed an exit tax exemption project contract with China Duty Free Group. Baiyun Airport said it will boost passenger consumption demand and enhance the resource value of terminal stores. ② The monthly operating expenses are charged according to the high charging model of “guarantee” and “commission”. Among them, the monthly guarantee contract fee is adjusted in conjunction with passenger throughput. According to the analysis, this has a positive impact on the company's performance improvement.