Movement Alert｜Tongcheng Travel Rises 5.26% in Regular Trading, New Adventure Park Opens at Hainan Yanoda Scenic Area

Market Focus07-16

On July 16, Tongcheng Travel rose 5.26% in regular trading to HK$12.8, with turnover of HK$53.51 million. The stock rebounded sharply from near its 52-week low of HK$11.67.

On the news front, Tongcheng Travel's subsidiary Hainan Yanoda Tropical Rainforest Scenic Area officially launched its new 123 Adventure Park on July 15, introducing canyon canyoneering via ferrata and rainforest gorge rafting as core outdoor offerings. The park fills a gap in mid-Hainan mountain adventure tourism, targeting youth, families, and corporate team-building groups during the peak summer travel season. The project marks Tongcheng's continued push to transform its scenic areas from traditional sightseeing toward immersive experiential tourism.

Broader sector tailwinds also supported the move, as the Ministry of Culture and Tourism recently released the Tourism Strong Nation 15th Five-Year Plan, targeting 8.3 billion domestic tourist trips and RMB 7.7 trillion in spending by 2030. Within the Hotels, Resorts and Cruise Lines sector, TRIP.COM rose 2.8%, Travelsky Technology gained 2.89%, and China Travel Hong Kong advanced 2.73%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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