This week’s market:
The social services (Shenwan) sector index rose or fell by – 1.29% this week, ranking 15th among the rise and fall of Shenwan level industries.
Shanghai Stock Index (0.04%), Shenzhen Component Index (- 0.86%), Shanghai and Shenzhen 300 (1.11%) and gem index (- 2.72%).
The top five gainers of social service industry: Beijing Dataway Horizon Co.Ltd(301169) (+ 73.29%), Jiangsu Jinling Sports Equipment Co.Ltd(300651) (+ 17.57%), Xi’An Qujiang Cultural Tourism Co.Ltd(600706) (+ 14.51%), Shanghai Lisheng Racing Co.Ltd(002858) (+ 10.75%), Talkweb Information System Co.Ltd(002261) (+ 7.91%);
The top five declines in social service industry: Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) (- 26.56%), Beijing Fengshangshiji Culture Media Co.Ltd(300860) (- 20.70%), Tongqinglou Catering Co.Ltd(605108) (- 20.14%), Pony Testing International Group Co.Ltd(300887) (- 18.77%), Zhongjin Irradiation Incorporated Company(300962) (- 16.54%).
Industry news trends:
State Council: timely launch the action to promote inbound tourism and steadily develop outbound tourism
Kwai shop opens 15 local life class categories, supporting store and catering transactions.
Fireworks! In 2021, the scale of catering market will return to the level in 2019
Report on the work of the government in many places
Microsoft’s acquisition of Blizzard universe press the accelerator button?
Core view:
On January 20, the State Council issued a notice on printing and distributing the tourism development plan during the 14th Five Year Plan period (hereinafter referred to as the plan). The plan proposes that by 2025, the development level of tourism will be continuously improved, the modern tourism system will be more perfect, the effective supply, high-quality supply and flexible supply of tourism will be more abundant, and the consumption demand of mass tourism will be better met. China’s tourism is booming, inbound and outbound tourism is advancing in an orderly manner, the international influence and competitiveness of tourism are significantly enhanced, and significant progress has been made in the construction of a tourism power.
We believe that people of different ages are paying more attention to the satisfaction of spiritual consumption needs. Subdivided customized tourism such as parent-child leisure, single social networking, silver hair leisure, short distance surrounding and outdoor sports will usher in development opportunities. In the short term, the epidemic situation shows a multi-point distribution trend, the pressure of prevention and control increases in some areas, and the offline consumption of catering and tourism is still under pressure. In the future, with the stability of epidemic prevention and control and the relaxation of policies, consumer demand for catering, tourism and tax exemption is expected to be released intensively and rapidly. In the medium and long term, the disturbance of the epidemic is expected to accelerate the liquidation of offline consumer industries and the transformation and upgrading of business formats, and is optimistic about the anti risk ability of industry leaders. It is suggested to pay attention to: [ China Cyts Tours Holding Co.Ltd(600138) ] directly benefit from tourism recovery; [ Btg Hotels (Group) Co.Ltd(600258) ] the epidemic disturbs short-term performance and continues to open stores in large quantities; [ Shanghai Jin Jiang International Hotels Co.Ltd(600754) ] the medium and high-end layout is accelerated, and the head effect is prominent; [ China Tourism Group Duty Free Corporation Limited(601888) ] the leading position of tax exemption is stable.
Risk warning: global epidemic control; Regulation of national policies; Industry regulatory risk; The downward pressure on the economy has increased.
