This week’s market:
The social services (Shenwan) sector index rose or fell by 4.88% this week, ranking 14th among the rise and fall of Shenwan level industries. Shanghai Stock Index (3.02%), Shenzhen Component Index (- 0.78%), Shanghai and Shenzhen 300 (0.82%) and gem index (- 5.59%). The top five gainers of social service industry: Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) (+ 61.09%), Xi’An Qujiang Cultural Tourism Co.Ltd(600706) (+ 41.51%), Dalian My Gym Education Technology Co.Ltd(002621) (+ 34.02%), Caissa Tosun Development Co.Ltd(000796) (+ 27.98%), Huatian Hotel Group Co.Ltd(000428) (+ 26.75%); The top five declines in social service industry: Shenzhen Anche Technologies Co.Ltd(300572) (- 13.41%), Jiangsu Jinling Sports Equipment Co.Ltd(300651) (- 12.75%), Wuhan Ddmc Culture & Sports Co.Ltd(600136) (- 11.58%), Beijing Fengshangshiji Culture Media Co.Ltd(300860) (- 10.34%), Shanghai Lisheng Racing Co.Ltd(002858) (- 9.91%)
Industry news trends:
Into the yuan universe restaurant? McDonald’s applied for mcmetaverse trademark and Gu ailing won the championship. The Winter Olympics brought fire to the skiing business. Skiing has become a current consumption and social trend
Notice of Yunnan Provincial Department of culture and tourism on the resumption of inter provincial team tourism in our province from now on to reduce the death rate by 89%. Pfizer covid-19 special drug has been approved by China: it is effective for Omicron mutation
British Airways will resume flights between Sydney and London in March
Core view:
Overseas: ① the covid-19 specific drug paxlovid developed by Pfizer of the United States has obtained conditional approval in China ② Australia announced that the border will be opened to passengers fully vaccinated from February 21, and British Airways will resume the route between Sydney and London in March.
China: ① the State Council printed and distributed the tourism development plan of the 14th five year plan, which proposed to promote inbound tourism step by step and in an orderly manner; ② Yunnan has resumed inter provincial team tourism since February 9; ② Orders for tourism and holiday products in the province accounted for 65% during the Spring Festival this year. Compared with the Spring Festival in 2019, the number of travel orders in the province increased significantly. In conclusion, we believe that with the increase of vaccination and the improvement of anti epidemic drugs, the confidence of global tourism recovery is expected to accelerate. The main theme of 2022 is the economic recovery in the post epidemic era, which is expected to usher in the performance inflection point of the whole travel sector. The leading companies that have undergone industry reshuffle have more room for growth.
Risk warning: global epidemic control; Regulation of national policies; Industry regulatory risks; The downward pressure on the economy has increased.
