Tourism and hotel sector: many countries promote the localized production of covid-19 vaccine in China, and the epidemic situation in Xi'an is serious
(1) The overall international epidemic situation is tense, and many countries have promoted the local production of covid-19 vaccine in China. As of 13:21 on December 26, the confirmed cases of covid-19 pneumonia in the world have increased to 279477572, including 5396885 deaths. As of 22, Germany has reported 3198 cases of infection with Omicron strain, 810 NEW cases compared with the previous day. In order to ensure national health At present, Myanmar, Brazil, Malaysia, Egypt, Serbia and Chile have signed agreements with China to promote the localized production of covid-19 vaccine in China. (2) Regarding Omicron, various countries have upgraded their epidemic prevention policies, and academician Zhong Nanshan also expressed his views. The Minister of economic regeneration of Japan said that depending on the spread of Omicron, further restrictive policies may be introduced; the expert group of the Israeli Ministry of health also proposed the fourth covid-19 vaccination. Academician Zhong Nanshan completed the vaccination at the Guangzhou Center for disease prevention and control on December 23 The 20th anniversary of the founding of the people's Republic of China and the public health summit forum said that Omicron was found in October and the number of infection cases is expected to increase. Although it is highly infectious, its pathogenicity and harmfulness are still under study. (3) We believe that the epidemic situation in Xi'an will gradually improve, the epidemic prevention and control effect in other parts of China will remain stable, and Omicron has little impact on the wine and tourism industry in low-risk areas; overseas Omicron will tighten the epidemic prevention policies of various countries, or affect the expectation of China's subsequent recovery process.
View of social service week: China Tourism Group Duty Free Corporation Limited(601888) live broadcast attracts the eye, and the tax-free leader on outlying islands is optimistic about long-term development
China Tourism Group Duty Free Corporation Limited(601888) the flow of specially invited live broadcast is significant, and the three end advantages build industry barriers. On the evening of December 23, Chen Guoqiang, general manager of China tax exemption group, invited Yu Minhong, founder of New Oriental, to visit stores and conduct live dialogue in Sanya International duty-free City, with a total of more than 7 million people watching. China Tourism Group Duty Free Corporation Limited(601888) in the outlying island duty-free market, the scale exceeds 90%, and has the advantages of wide area coverage and multi-party cooperation at the product procurement and brand cooperation end, multiple mature tax-free spaces at the production capacity end and many planned commercial spaces, and a highly viscous online traffic aggregation platform at the canal end. We believe that taking advantage of the policy of opening the duty-free consumption quota of Hainan outlying island, Superimposed on the global epidemic shock and the general trend of consumption return, China tax exemption will become the biggest beneficiary of tax-free expansion of outlying islands by relying on its own advantages in product procurement and operation and constantly arranging online channels, digitization and marketing.
This week's view
China's overall epidemic control is stable. It is recommended to pay attention to the hotel sector ( Shanghai Jin Jiang International Hotels Co.Ltd(600754) , Btg Hotels (Group) Co.Ltd(600258) ), scenic spot sector ( Songcheng Performance Development Co.Ltd(300144) , Jiangsu Tianmu Lake Tourism Co.Ltd(603136) ), tax-free sector ( China Tourism Group Duty Free Corporation Limited(601888) ) and anti cyclical attribute sector ( Beijing Career International Co.Ltd(300662) ) with stable industry pattern, prominent leading barriers and clear medium-term recovery logic.
Risk statement
Macroeconomic fluctuation risk; Risk of repeated impact of epidemic situation; Risk of intensified industry competition; The landing of new projects / products is less than the expected risk; Food safety risks; Risk of major teaching accidents.
