last week (2021.12.06-2021.12.10) market review: last week, the Shanghai index showed a volatile trend in the first two days, and rose continuously in the next three days. The Shenzhen index continued to decline in the first two days, and gradually rebounded in the next three days. The Shanghai Composite Index rose 1.63% to close at 3666.35. The Shanghai and Shenzhen 300 rose 3.14% to close at 5055.12 last week. The entrepreneurship board fell 0.34% to close at 3466.80 last week. Last week, all leisure service sub sectors rose, up and down The ranges from high to low are: comprehensive tourism (+ 11.37%), other leisure services (+ 7.12%), hotels (+ 5.79%), scenic spots (+ 3.48%), catering (+ 2.35%). Last week, 20 of Shenwan’s 28 first-class industries rose. The top five rose in leisure services, food and beverage, household appliances, media and building materials, of which the leisure service sector rose 9.47%, ranking first among Shenwan’s 28 industries. The leisure service industry outperformed the CSI 300 index by 6.33 PCTs. China free has actively promoted digitization, and the outdoor limited time concept store has made an amazing appearance; Zhongxin returned to independent development under the epidemic, and deepened strategic cooperation with Alibaba network; The fixed increase fund-raising scheme of the first brigade was implemented, and the planned theme hotel took the lead in the market.
Main points:
China free actively creates a digital, time limited concept store and pays close attention to the Winter Olympics effect: China free group has reached a cooperation with tongtianxiao software and chose to apply WMS warehouse management system to its duty-free e-commerce business in Hainan Province, Guangzhou airport duty-free business and e-commerce business to realize warehouse network linkage and warehouse distribution linkage. Some businesses of the project have been put online, and the rest are advancing steadily. As the 2022 Beijing Winter Olympic Games gradually ignited the upsurge of Chinese winter outdoor sports, the company joined hands with moncler, a French high-end down brand, to build the first moncler outdoor limited time concept store in Hainan, which made a stunning appearance in Haitang Bay, Sanya.
Affected by the epidemic situation, the reorganization was terminated, and Zhongxin deepened its strategic cooperation with Alibaba network: facing the continuous impact of the epidemic situation, the merger of Utour Group Co.Ltd(002707) and Caissa Tosun Development Co.Ltd(000796) was terminated, taking the road of independence and differentiation, or a better strategy to help find new opportunities. On December 8, Zhongxin announced that Alibaba network transferred 6% of Zhongxin’s shares through agreement transfer. This share capital transfer is because the company is in a critical period of transformation and development. In order to promote the further development of the company, it plans to deepen the strategic cooperation between listed companies and Alibaba network and meet the capital needs for its own business development.
The fixed increase fund-raising scheme of the first brigade was implemented, and the planned theme hotel took the lead in the market: Btg Hotels (Group) Co.Ltd(600258) 3 billion yuan fixed increase scheme was finally implemented. The net profit of the company in the first three quarters of 2021 was 125 million yuan. After verification, as of November 24, 2021, Btg Hotels (Group) Co.Ltd(600258) the number of shares in this non-public offering was 134 million, and the actual net raised capital was 2.991 billion yuan. In this fund-raising, 2.1 billion yuan is planned to be used for hotel expansion and decoration upgrading projects. The company plans to plan a theme hotel near Universal Studios in Beijing, which will be suitable for China’s theme parks.
Investment suggestions:
China free has actively developed digitization, and the outdoor limited time concept store has appeared this winter. China exemption and tongtianxiao software have reached cooperation, which is expected to realize warehouse network linkage and warehouse distribution linkage. The group and moncler worked together to build an outdoor limited time concept store and appeared in Haitang Bay, Sanya. The company has high-quality growth in the medium and long term. Under the epidemic, Zhongxin returned to independent development and deepened strategic cooperation with ALI. The capital increase fund-raising plan of the first brigade was implemented, and the planned theme hotel closely followed the popularity of China’s theme park. Continue to recommend China Tourism Group Duty Free Corporation Limited(601888) tax-free leading enterprises, and Btg Hotels (Group) Co.Ltd(600258) , Shanghai Jin Jiang International Hotels Co.Ltd(600754) , China Cyts Tours Holding Co.Ltd(600138) , Songcheng Performance Development Co.Ltd(300144) , Jiangsu Tianmu Lake Tourism Co.Ltd(603136) , Lijiang tourism, Utour Group Co.Ltd(002707) , Guangzhou Lingnan Group Holdings Company Limited(000524) and other hotels, scenic spots and tourism comprehensive service targets in the logic of cultural and tourism recovery; It is suggested to pay attention to enterprises that are good for the release of ice and snow tourism demand.
Risk tips:
The epidemic situation of covid-19 virus is repeated, the industry recovery is less than expected, and the implementation and implementation of policies are less than expected.
