The tourism industry is becoming a strong response to China's pursuit of people's well-being and happiness, aligning with policymakers' goals to promote service consumption, improve employment, and further open China to the world, Morgan Stanley published a research report saying. This demand tailwinds strengthen the broker's confidence in Chinese airlines and the hotel industry.Morgan Stanley anticipated that domestic tourism consumption will account for 18% of per capita consumption in 2030, compared to 13% in 2023. The 11% CAGR will drive industry revenue to RMB12 trillion in 2030, with its contribution to GDP rising from 4.8% in 2024 to 6.7%.The broker recommended investors to seize the booming tourism demand with five key stocks, naming AIR CHINA (00753.HK) -0.190 (-3.808%) Short selling $27.03M; Ratio 47.055% , SPRING AIRLINES (601021.SH) -0.940 (-1.988%) , HWORLD-S (01179.HK) +0.860 (+2.159%) Short selling $36.76M; Ratio 391.574% , Atour Lifestyle Holdings (ATAT.US) and TRIP.COM-S (09961.HK) -3.400 (-0.863%) Short selling $98.34M; Ratio 54.225% .(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.) (A Shares quote is delayed for at least 15 mins.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
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