The record for the "hottest" in history has been refreshed, with the tourism market blossoming in multiple areas during the May Day holiday.

1. Multiple OTA platforms such as Qunar and TONGCHENGTRAVEL report that this year's "May Day" domestic tourism market has set a record for being the "hottest ever." 2. Orders for inbound travel during "May Day" have doubled, and some travel agency guides have already scheduled tours until late June. Cruise travel is recovering, and cabin availability for "May Day" voyages has sold out early.

cls.cnMay 5 06:35 ET

China Tourism Group Duty Free's Q1 Attributable Profit Slides 16%; Shares Rise 3%

MT NewswiresApr 30 03:17 ET

Hong Kong stocks fluctuating | China Tourism Group Duty Free Corporation (01880) rose over 3% as the decline in Hainan's offshore duty-free sales narrowed and the outbound tax refund policy was further optimized.

China Tourism Group Duty Free Corporation (01880) rose over 3%, as of the time of writing, it increased by 3.23%, trading at 52.75 Hong Kong dollars, with a transaction volume of 0.166 billion Hong Kong dollars.

Zhitong FinanceApr 30 02:53 ET

【Special Contributor】CITIC SEC: The regulations for outbound tax refunds have been implemented, accelerating promotion to boost domestic demand.

Jinwu Financial News | CITIC SEC stated that since the beginning of this year, China's Consumer policy has undergone a comprehensive upgrade and innovation, with recent policies being introduced in various sub-sectors, and the policy system is gradually being improved. Recently, the State Taxation Administration has released the revised details of the outbound tax refund management measures, promoting the "buy and refund immediately" policy in three ways: ① Simplifying the filing process, reducing time, and qualifying loans, expanding tax refund stores to cover a wider range of small and medium-sized businesses; ② Increasing the refund limit and lowering the starting refund point to broaden the price range scenarios, with high-quality domestic products likely to benefit; ③ Further improving the convenience of tax refunds. According to the bank's calculations, under an optimistic assumption, the potential market space for outbound tax refunds is close to one trillion.

Jingwu Financial NewsApr 29 20:46 ET

China Travel Group China Express Co., Ltd. Report for the first quarter of 2025

SZSIApr 29 12:00 ET · Announcements

China Travel Group China Free Insurance Co., Ltd. Report for the first quarter of 2025

SZSIApr 29 12:00 ET · Announcements