01992 FOSUN TOURISMWatchlist
FOSUN TOURISM News
Is It Too Late To Consider Buying Fosun Tourism Group (HKG:1992)?
Fosun Tourism Group (HKG:1992), might not be a large cap stock, but it saw significant share price movement during recent months on the SEHK, rising to highs of HK$9.06 and falling to the lows of
The grand opening of Taicang Alps International Resort creates a new landmark for ice-themed urban vacations
SHANGHAI, November 8, 2023/PRNewswire/ -- On November 8, Taicang Alps International Resort held an opening ceremony to announce the official opening of this one-stop ice and snow-themed high-end urban resort destination. The resort is located in Taicang City, Suzhou, close to Taicang South Railway Station and Shanghai's Jiading District. It is only 1 hour's drive from downtown Shanghai. It includes six themed experience areas: Alpine Snow World Ski Resort, Alpine Snow World · Ice and Snow Park, Club Med Mediterranean Daytime Ark · Taicang Resort, Alpine Time Scene, Alpine Camp, and Alpine World of Light and Film, creating international, high-quality, and deep
[Broker Focus] Guojin Securities maintains Fosun's tourism culture (01992) “buy” rating and is optimistic about the opening of the Taicang project
Jinwu Financial News | According to the Guojin Securities Research Report, Fosun Travel Culture (01992) announced operating data for the first three quarters, achieving tourism operation turnover of 14.191 billion yuan/ +19.4% (growth rate at a constant exchange rate, same later), and net profit from the mother turned a loss into a profit year on year. According to the bank, Club Med's turnover for the first three quarters of 23 years was 11.78 billion yuan/+21.3%, +16.8% compared to the same period in '19; the capacity in the first three quarters recovered to 97.2% in the same period in '19, and the OCC was 63.0% /+2.0pct, a difference of 3.0 pct from the same period in '19, with an average daily bed price
Hong Kong Stock Concept Tracker | 2024 holiday schedule announced! Airline ticket searches suddenly doubled, and travel companies compete for “the longest Spring Festival holiday in history” (with concept stocks)
On October 25, the General Office of the State Council issued a notice on some holiday arrangements for 2024. Less than half an hour after the notice was issued, searches for train tickets and international air tickets during the 2024 Spring Festival on online travel platforms instantly increased exponentially.
Fosun Tourism Culture's tourism business turnover in the first three quarters increased by about 19.4% year-on-year to about 14.191 billion yuan
Fosun Tourism Culture (01992) announced that during the nine months ending September 30, 2023, the turnover of the Group's Club Med and others, Sanya Atlantis, and Vacation Asset Management Center and related business (collectively referred to as travel operations) increased by about 19.4% from approximately RMB 11.881 billion (RMB, same below) for the nine months ending September 30, 2022, to approximately RMB 14.191 billion.
Fosun Tourism Culture issues approximately 358,600 incentive shares
Fosun Tourism Culture (01992) announced that on October 24, 2023, about 358,600 shares will be issued under the share award scheme.
Fosun Tourism's Business Volume Jumps 19% in January-September as Travel Rebounds
Fosun Tourism Group (HKG:1992) recorded a business volume or aggregate sales of 14.2 billion yuan in the nine months ended Sept. 30, up 19.4% from the year-ago period, according to a Tuesday disclosur
Returns On Capital Are Showing Encouraging Signs At Fosun Tourism Group (HKG:1992)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common approach is to try and find a company with returns on capital employed (ROCE) that ar
Taicang Alps International Resort officially announced that it will be officially unveiled on October 28
SHANGHAI, October 13, 2023 /PRNewswire/ -- On October 13, it was announced that the Taicang Alps International Resort will be officially unveiled on October 28, and will be officially open to the public from October 29. At that time, the resort's three themed experience areas, Alps Snow World, Club Med Mediterranean White Day Ark Taicang Resort, and Alps Time Zone (Phase I) will be open to the public, bringing visitors an international, high-quality, and immersive one-stop ice and snow-themed urban vacation experience. Club Med Mediterranean White Day Ark Taicang Resort officially began pre-sale on October 12, and
[Brokerage Focus] CITIC Construction Investment maintains Fosun tourism culture (01992) Increased ratings indicate that many of its businesses performed well during the Mid-Autumn Festival and National Day holidays
Jinwu Financial News | According to the CITIC Construction Investment Research Report, during the 2023 Mid-Autumn Festival National Day holiday, Fosun Tourism Culture (01992)'s Club Med China region and Sanya Atlantis performed well. The demand side was high quality and the turnover significantly exceeded the same period in 2019, continuously verifying the resilience of the current supply of high-quality leisure vacations. According to the bank, Club Med expects to open 17 new resorts from 2023-2025, with an optimized business model and lightweight operation. There is still room for improvement in the one-stop leisure resort at Atlantis Sanya. ClubMed Mediterranean White Day Ark · Nanjing Xian
Hong Kong Stock Concept Tracking | The “Golden Week” travel consumer market has completely exploded! A number of travel orders and travel reservation data exceeded 2019 levels
The 11th Double Festival “Golden Week” is counting down to the last day, and the popularity of the travel consumer market continues to rise.
Guangfa Securities: Maintaining Fosun Tourism Culture (01992) “Buy” Rating with a Reasonable Value of HK$14.07
GF Securities expects Fosun Tourism Culture (01992) to generate net profit of 47,7.1 million yuan, and 870 million yuan respectively in 23-25.
We Think Fosun Tourism Group's (HKG:1992) Profit Is Only A Baseline For What They Can Achieve
Even though Fosun Tourism Group's (HKG:1992) recent earnings release was robust, the market didn't seem to notice. We think that investors have missed some encouraging factors underlying the profit f
Underwater Art Feast: 2023 China Mermaid Open Atlantis Station and International Performance Competition Kicks Off at Fosun Travel Wen - Sanya Atlantis
HONG KONG, September 19, 2023 /PRNewswire/- Today, jointly organised by the Water Sports Management Center of China State General Administration of Sports, China Diving and Motorboat Federation, Hainan Tourism and Culture Radio and Television Sports Department, Sanya Municipal People's Government and Fosun Travel Wen, Sanya City Tourism Development Bureau, Sanya · The 2023 China Mermaid Open Atlantis Station and International Performance Competition supported by the Sanya Municipal Bureau of Tourism and Culture Radio, TV and Sports Bureau was officially started in Sanya Atlantis. Previously, the State General Administration of Sports Water Sports Management Center has successfully held six Chinese mermaid competitions
FOSUN TOURISM: Interim Report 2023
Is Fosun Tourism Group (HKG:1992) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it might be obvious that you need to consider debt, whe
Fosun Tourism and Culture Announces 2023 Interim Results
Revenue surged by nearly 40%, turning losses into profit Club Med and Sanya Atlantis achieved high strategic focus, achieving high quality growth. Performance summary: Tourism operation turnover increased 29.0% year on year to RMB 9.49 billion, revenue increased 38.7% year on year to RMB 8.90 billion, turned loss into profit, achieved profit attributable to shareholders of 470 million yuan, Club Med's turnover exceeded 20% before the pandemic. Operating profit and adjusted EBITDA, the turnover of Sanya Atlantis reached a record high. After adjusting EDABIT, the average occupancy rate doubled year on year. Reached 86.2% strategic convergence
FOSUN TOURISM: INTERIM RESULTS ANNOUNCEMENT (UNAUDITED) FOR THE SIX MONTHS ENDED 30 JUNE 2023
Breakeven Is Near for Fosun Tourism Group (HKG:1992)
We feel now is a pretty good time to analyse Fosun Tourism Group's (HKG:1992) business as it appears the company may be on the cusp of a considerable accomplishment. Fosun Tourism Group, an investme
Hong Kong Stock Concept Tracking | Overseas Group Tour Countries Further Expansion! National Day Golden Week may welcome the peak of outbound travel, and organic wine travel companies will benefit
On August 10, the Ministry of Culture and Tourism issued a notice to resume the operation of outbound group travel and “flight+hotel” services for Chinese citizens to relevant countries and regions (third batch) from now on.