This week’s view
Since the beginning of winter, due to the characteristics of epidemic spread, China’s epidemic prevention has shown a certain pressure. Since December 23, 2021, Xi’an has added 31 medium risk areas and entered a state of emergency. All walks of life in Xi’an have been greatly affected, with catering and tourism bearing the brunt. On the 23rd, Xi’An Catering Co.Ltd(000721) announced that all catering (hotel) stores of the company would suspend business from the 23rd. The performance of the catering industry has not been effectively recovered in 2021. In the case of epidemic prone in winter, it is recommended to continue to pay attention to the risk of reducing the recovery speed of the catering and tourism industries.
Market performance
The trading day of this week is 5 days. This week, the CSI 300 decreased by 0.67% and the industry decreased by 0.03%.
Key company dynamics
Btg Hotels (Group) Co.Ltd(600258) : Btg Hotels (Group) Co.Ltd(600258) issue an announcement on the results of non-public offering of shares and changes in share capital. Type of shares issued this time: RMB ordinary shares (A shares); issue quantity: 134348410 shares; issue price: RMB 22.33/share; estimated listing time: according to relevant regulations, the registration and custody procedures of the new shares in this non-public offering have been completed in Shanghai Branch of China Securities Depository and Clearing Corporation Limited on December 16, 2021. The nature of the new shares in this offering is tradable shares with limited sales conditions , with the exception of the 18 month restricted period for the shares subscribed by BTG, the restricted period for other shares is 6 months, which will be listed and traded on the Shanghai Stock Exchange from the trading day next to the expiration of the restricted period (non trading days will be postponed accordingly).
Huatian Hotel Group Co.Ltd(000428) : Huatian Hotel Group Co.Ltd(000428) issue a simplified equity change report. This equity change is that Xingxiang group transferred its Huatian Hotel Group Co.Ltd(000428) 330908920 shares (about 32.48% of the total share capital of Huatian Hotel Group Co.Ltd(000428) ) to Hunan Hotel Tourism Group free of charge. After the transfer, Xingxiang group will no longer be the controlling shareholder of Huatian Hotel Group Co.Ltd(000428) and the actual controller of Huatian Hotel Group Co.Ltd(000428) will still be Hunan SASAC.
Risk statement
Covid-19 epidemic situation is repeated or worsened; Tightening of winter epidemic prevention policy in China
