CHINA TRAVEL HK (00308) surged over 11%. As of press time, the stock rose 11.45% to HK$1.85, with turnover reaching HK$461 million.

On the news front, the Ministry of Commerce and nine other departments released "Several Policy Measures on Expanding Service Consumption" on September 16, proposing 19 initiatives across five areas, including launching "Service Consumption Season" promotional activities. Additionally, as the Mid-Autumn Festival and National Day holidays approach, tourism market momentum continues to build.

AVIC Securities believes that policy support, supply capacity, and demand upgrades are forming a triple driving force, jointly supporting the continuation of high tourism prosperity during the "super-long golden week," driving comprehensive growth across accommodation, transportation, dining, retail, entertainment and other sectors. The cultural tourism sector is expected to deliver structural performance both before and after the holidays.

CHINA TRAVEL HK is the flagship tourism investment and operation business under China Tourism Group. The company focuses on tourism destination development and operation, committed to operating high-quality unique cultural tourism resources with integrated development. Its main businesses include investment and operation of tourist attractions and related services, travel document services, hotel operations, and cross-border passenger transport services. As of the end of 2024, the company has invested in and operated approximately 60 domestic and international scenic areas and resorts, including 18 5A-level scenic areas and 18 4A-level scenic areas.