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A-share ice and snow economy Concept stocks collectively suffered declines: Dalian Sunasia Tourism Holding and Wushang Group hit the daily limit down, while Changbai Mountain Tourism touched the limit down.
On January 3, Gelonghui reported that the A-share market saw a collective decline in stocks related to the ice and snow economy. Notably, Dalian Sunasia Tourism Holding and Wushang Group hit the daily trading limit down, Changbai Mountain Tourism reached the limit down, Jingxue Energy Saving, Lander Sports Development, Chang Chun Eurasia Group, and Shanghai New World fell over 9%, Bingshan Refrigeration & Heat Transfer Technologies fell over 8%, Moon Environment Technology and Beijing Kaiwen Education Technology dropped over 5%, while Long Jian Road & Bridge, Beijing Sanfo Outdoor Products, Xiyu Tourism, and Fujian Snowman decreased over 4%.
A-share scenic spot tourism stocks declined: Dalian Sunasia Tourism Holding dropped 6.6%, Changbai Mountain Tourism fell over 4%.
Gelonghui, December 30 | Dalian Sunasia Tourism Holding fell by 6.6%, Wuhan Sante Cableway Group and Xi’an Qujiang Cultural Tourism fell by 5%, Changbai Mountain Tourism and Zhang Jia Jie Tourism Group fell by more than 4%, and Xi'an Tourism and Guilin Tourism Corporation fell by more than 3%.
A-share fluctuations │ Travel stocks are generally rising as the Spring Festival holiday travel peak approaches.
On December 27, Glonghui reported that shares of tourism attractions generally rose, with Changbai Mountain Tourism up nearly 5%, Dalian Sunasia Tourism Holding up over 4%, and Yunnan Tourism, Xi'an Tourism, Guilin Tourism, and Zhang Jia Jie Tourism Group all seeing an increase. The news indicates that the Spring Festival of 2025 is approaching. It is reported that the Spring Festival holiday will be from January 28 to February 4, totaling 8 days. As one of the longest holidays of the year, it is also a peak travel period for residents, and there is a significant increase in Consumer travel demand. The State Council recently issued the "Opinions on Promoting High-Quality Development of Service Consumption." The "Opinions" propose to promote the integrated development of business, tourism, culture, and sports, launch various types of characteristic tourism products, and encourage postal services.
A-shares are experiencing abnormal fluctuations | Support policies continue to be effective, the ice and snow tourism Sector is rising broadly, with Dalian Sunasia Tourism Holding and Changbai Mountain Tourism leading the gains.
On December 26, according to Gelonghui, the A-share market's snow and ice tourism sector showed a broad increase, with Dalian Sunasia Tourism Holding rising by 4%, Changbai Mountain Tourism increasing by over 3%, Zhongxing Shenyang Commercial Building Group, Jingxue Energy Conservation, and Beijing Sanfo Outdoor Products rising by over 2%, and Impulse(Qingdao) Health Tech, Bingshan Refrigeration & Heat Transfer Technologies, and Heilongjiang Transport Development increasing by over 1%. China International Capital Corporation stated that with policy support, a bullish outlook on the high-quality development of the snow and ice economy has emerged, making it a significant growth point for expanding domestic demand. Recently, a series of supportive policies for the snow and ice economy have been released, balancing supply-side quality upgrades and demand-side direct stimulation, while emphasizing the collaborative cooperation of the Industry Chain, which is expected to promote the high-quality development of the
The A-shares CSI Consumer 360 index continues to adjust with Dalian Sunasia Tourism Holding and several other stocks hitting the daily limit down.
On December 18, Glorious shares reported that retail, tourism and other sectors led the decline, with Maoye Commercial, Xinjiang Youhao(Group)Co.,Ltd., Dalian Friendship, Wenfeng Great World Chain Development Corporation, and Dalian Sunasia Tourism Holding all hitting the downward limit.
The CSI Consumer 360 index stocks in the A-share market collectively retreated, with Changbai Mountain Tourism and several other stocks hitting the limit-down.
On December 17, according to Gelonghui, retail, ice and snow industries, food and other sectors led the decline, with multiple stocks including Dalian Sunasia Tourism Holding, Changbai Mountain Tourism, Shandong Huifa Foodstuff, A-Zenith Home Furnishings, Xi'an Catering, HaiXin Foods, and Fujian Dongbai hitting their daily limits.
