News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
UBS Zhang Ning: CN Retail & Restaurant Firms Record Growth During May Day Golden Wk; 10% Drop in CN Property Sales Expected in Apr
During 2025 May Day Golden Week holiday (1-5 May) of China, domestic tourism visitors/ tourism revenue/ tourism revenue per visitor increased by 6.4%/ 8%/ 2% YoY each, reaching 136...
Reset
Send
The window will close in 5 seconds
UBS Zhang Ning: CN Retail & Restaurant Firms Record Growth During May Day Golden Wk; 10% Drop in CN Property Sales Expected in Apr
Close
Recommend
1
Positive
3
Negative
0
 
SHORT SELL
 
STOCK INFO

During 2025 May Day Golden Week holiday (1-5 May) of China, domestic tourism visitors/ tourism revenue/ tourism revenue per visitor increased by 6.4%/ 8%/ 2% YoY each, reaching 136%/ 123%/ 90% levels for the same period of 2019, Zhang Ning, Senior China Economist at UBS Investment Bank, said.

During the period, the sales of key retail and catering enterprises grew by 6.3% YoY, while the sales of home appliance/ auto/ communication equipment even hiked by 10-15%, outperforming 2025 Lunar New Year (LNY).

Related NewsPaul Chan: Mainland Visitors to HK Up 31% YoY in First 2 Days of Labor Day Golden Wk; City's Waterfront Appeal Will Be Enhanced
For the upcoming release of economic data for April, the broker forecasted that property sales in China will remain weak, with a deeper YoY decline of 10%.

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.