The changes in the Beijing-Shanghai High Speed Rail may be related to the four price adjustment announcements published on the 12306 official website.
On May 2, the 12306 website centrally published price adjustment announcements for 4 high-speed railways, including Wuguang, Shanghai-Hangzhou, Hangzhou-Hangzhou, and Hangzhou-Ningbo.
The reporter discovered that the changes in the Beijing-Shanghai High Speed Rail may be related to the four price adjustment announcements published on the 12306 official website.
In response, the reporter telephoned the Beijing-Shanghai High Speed Rail Investor Hotline to ask questions such as whether the price of the operating section was adjusted and the stock price soared. Relevant personnel told the reporter that the Beijing-Shanghai High Speed Rail section did not participate in the above price adjustments, and there are currently no price adjustment arrangements. Regarding changes in stock prices, the person mentioned above said, “One is an expectation of price adjustments, and the other is optimistic about this year's tourist travel because the number of trips on May Day is quite popular this year.”
Shen Wan Hongyuan pointed out that the marketization of high-speed rail fares is an important step for the rapid development of China's high-speed rail industry; taking the Hangzhou-Ningbo passenger special price adjustment plan as an example, the price announced for second-class seats increased by about 20% compared to the current ticket price; the high-speed rail fare marketization mechanism has been gradually improved to benefit high-speed rail operators and companies with high-speed rail line assets.
Companies related to the marketization of high-speed rail fares:
Guangshen Railway Co., Ltd. (00525): Guangshen Railway Company mainly engages in railway passenger and cargo transportation business, cooperates with Hong Kong Railway Co., Ltd. to operate direct transit passenger train services, and provides railway operation services to other domestic railway companies. In recent years, the Guangshen Railway Company has been committed to transforming high-speed rail operators, from the transformation of its own infrastructure assets to the “upgrading” of passenger transport products, in an effort to increase the revenue share of the high-speed rail passenger transport sector.