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Harbin Tourism Boom Leads to Stock Market Boost and Pricing Surges

January 5, 2024 04:35 Source: Guangzhou Daily

  Harbin Tourism Popular Concept Stock Issues Risk Alert

  Harbin collected nearly 6 billion yuan in tourism revenue in three days, and the prices of Northeast tourism-related products increased by about 30%

Luo Lei

Guangzhou Daily (Text/Table by All Media Reporter Luo Lei) During the 2024 New Year’s Day holiday, tourists from the south flocked to Harbin, Heilongjiang, and Harbin was called “Erbin” by netizens and became an Internet buzzword. Harbin not only collected nearly 6 billion yuan in tourism revenue in three days, but also continued to boost the stocks of England’s GD tourism concept in the secondary market after the holiday. At the close of trading on January 4, Changbaishan achieved three consecutive gains and Dalian Sunya achieved two consecutive gains.

On the evening of January 4, two listed companies issued risk warnings regarding abnormal trading fluctuations. Dalian Sunya said that the stock’s daily closing price increase deviation in three consecutive trading days has reached a cumulative 20%. After verification, as of the date of submission of this announcement, there are no major issues that should be disclosed but have not been disclosed. reveal Changbaishan said in the reminder that the company’s stock has been trading at the daily limit for three consecutive trading days, and the short-term increase is too big. The static price-earnings ratio and price-to-ratio indicators book is significantly higher than the industry average, and there are risks of overheating market sentiment and irrational speculation.

According to data from multiple travel service platforms such as Ctrip, Fliggy, Mafengwo, Tongcheng and Qunar, Harbin is among the top during the New Year’s Day holiday. Ms Li, a citizen of Harbin, told reporters: “Many places that were not tourist attractions in the past are now crowded with southerners, especially tourists from Guangdong.” According to reports, as well as preferring ice and snow trips, these tourists also like to go shopping for City breakfast etc.

The reporter learned from data released by the Changbai Mountain Management Committee that 22,000 tourists entered the Changbai Mountain Scenic Area during the New Year holiday, a year-on-year increase of 96.53% and an increase of 122% from its compared to the same period in 2019. In the 2023-2024 snow season, the number of tourists who entered Changbai Mountain Scenic Area was 231,900, a year-on-year increase of 446.93%, and an increase of 106.13% compared to the same period in 2019.

It is worth noting that with the arrival of the winter holidays and the Spring Festival travel peaks, Northeast tourism will also lead a new round of travel peaks. Northeast tourism prices have been continuously raised, which is expected for them to give a further boost to the performance of the related listed ones. companies. According to relevant sources from Guangzhou Travel, in terms of domestic travel prices during the winter holidays, products related to England GD travel have increased in price three times, with an increase of about 30%. The relevant person in charge of Jinma International Travel said that at present, the company’s Northeast routes are basically organized into groups, Harbin, Mohe, Xuexiang, Yabuli and Changbai Mountain are particularly popular; during the winter holidays, tickets from Guangzhou to the above directions are on sale, sold out or only full price tickets remain.

(Source: Guangzhou Daily)

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