With renewed optimism on Chine

2023-02-24

With renewed optimism on Chinese tourism, a couple of sectors will benefit which includes airlines, hotels, entertainment and retail sector.

$SINGAPORE AIRLINES LTD(C6L.SI)$, being the best airline globally, will benefit from easing travel restriction increasing flight frequency to China. Its record operating profit is a testament of airlines being one of the greatest beneficiaries of reopening.

Based on Singapore Tourism Board’s insights on Chinese travelers, the predominant activities are shopping, casino and sight-seeing. $GENTING SINGAPORE LIMITED(G13.SI)$ provides a one-stop integrated resort that offers gambling (casino), attractions (Universal Studios, Sea Aquarium) & various dining options.

The recovery of visitors have boosted Genting’s profit by 85% a year ago, with its gaming revenue up by over 100% and non-gaming revenue nearby doubled.

Hotels will also benefit though lesser due to the no. of excellent choices available in SG. For e.g. $Ascott Trust(HMN.SI)$.

@Tiger_SG：[Reward]Share One SGX Stock that could Benefit from China's Outbound Tourism

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Comments

HarryCox
2023-02-24
HarryCox
Yes, hopefully the SG market can get more boost when the tourism is back.
WendyDelia
2023-02-24
WendyDelia
SG market will become better in the Summer. So do the other Asian markets.
Kaixiang
2023-02-24
Kaixiang
@TigerStars ‌‌@CaptainTiger ‌‌@Tiger_chat ‌‌@MillionaireTiger ‌‌@TigerEvents ‌ : [Grin]
mrzhuge
2023-02-27
mrzhuge
wow
YWTan
2023-02-24
YWTan
👍
HAU3
2023-02-24
HAU3
hi

Leave a comment

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Its record operating profit is a testament of airlines being one of the greatest beneficiaries of reopening. \n \n \n Based on Singapore Tourism Board’s insights on Chinese travelers, the predominant activities are shopping, casino and sight-seeing. <a href=\"https://ttm.financial/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a> provides a one-stop integrated resort that offers gambling (casino), attractions (Universal Studios, Sea Aquarium) &amp; various dining options. \n \n \n The recovery of visitors have boosted Genting’s profit by 85% a year ago, with its gaming revenue up by over 100% and non-gaming revenue nearby doubled. \n \n \n Hotels will also benefit though lesser due to the no. of excellent choices available in SG. For e.g. <a href=\"https://ttm.financial/S/HMN.SI\">$Ascott Trust(HMN.SI)$</a>.</body></html>","htmlText":"<html><head></head><body>With renewed optimism on Chinese tourism, a couple of sectors will benefit which includes airlines, hotels, entertainment and retail sector. \n \n \n <a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>, being the best airline globally, will benefit from easing travel restriction increasing flight frequency to China. Its record operating profit is a testament of airlines being one of the greatest beneficiaries of reopening. \n \n \n Based on Singapore Tourism Board’s insights on Chinese travelers, the predominant activities are shopping, casino and sight-seeing. <a href=\"https://ttm.financial/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a> provides a one-stop integrated resort that offers gambling (casino), attractions (Universal Studios, Sea Aquarium) &amp; various dining options. \n \n \n The recovery of visitors have boosted Genting’s profit by 85% a year ago, with its gaming revenue up by over 100% and non-gaming revenue nearby doubled. \n \n \n Hotels will also benefit though lesser due to the no. of excellent choices available in SG. For e.g. <a href=\"https://ttm.financial/S/HMN.SI\">$Ascott Trust(HMN.SI)$</a>.</body></html>","text":"With renewed optimism on Chinese tourism, a couple of sectors will benefit which includes airlines, hotels, entertainment and retail sector. $SINGAPORE AIRLINES LTD(C6L.SI)$, being the best airline globally, will benefit from easing travel restriction increasing flight frequency to China. Its record operating profit is a testament of airlines being one of the greatest beneficiaries of reopening. Based on Singapore Tourism Board’s insights on Chinese travelers, the predominant activities are shopping, casino and sight-seeing. $GENTING SINGAPORE LIMITED(G13.SI)$ provides a one-stop integrated resort that offers gambling (casino), attractions (Universal Studios, Sea Aquarium) & various dining options. The recovery of visitors have boosted Genting’s profit by 85% a year ago, with its gaming revenue up by over 100% and non-gaming revenue nearby doubled. Hotels will also benefit though lesser due to the no. of excellent choices available in SG. 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Shanghai, Guangzhou, Beijing, Xiamen, Chengdu is the top 5 cities with the largest number of outbound tourists.From the perspective of outbound travel routes, Southeast Asian countries led by Thailand, Malaysia, and Singapore are still the most popular overseas destinations for Chinese tourists.China has long been a major source of tourists for Singapore.&nbsp;In 2019, more than 3.6 million Chinese tourists visited Singapore. With the orderly recovery of China's outbound tourism, Singapore tourism operators said they \"see hope\".<img referrerpolicy=\"no-referrer\" src=\"https://community-static.tradeup.com/news/723b6ea50a4a9e8ccaa94d24010b34e0\" tg-width=\"-1\" tg-height=\"-1\">Local tourism operators in Singapore are constantly updating and improving their products and services to meet the needs of group tours, leisure travel and business travel tourists to Singapore.For example, Changi Airport Group has continued to improve airport services in the past two years and has cooperated with airline partners to cope with the strong tourism demand after recovery; many Singapore hotels have also launched special services for Chinese tourists.<h2>💡Share Your Insights&nbsp;&amp;&nbsp;Picks</h2>Please leave a message in the comments section of this post.<ul><li>What&nbsp;SGX&nbsp;stock&nbsp;you&nbsp;feel will benefit from tourism development?</li><li>What travel services would&nbsp;like&nbsp;to recommend to future tourists</li></ul><ul></ul><h2>🎁Prizes</h2><ul><li>🐯All&nbsp;valid comment on the following post will receive 5 Tiger Coins.</li><li>🐯10 Tigers will receive 50 coins for the most popular and high-quality comments.</li></ul><h2>⏰Activity Duration</h2><ul><li>22 February 2023-1&nbsp;March 2023&nbsp;(24&nbsp;pm)</li></ul></body></html>","htmlText":"<html><head></head><body>Previously, the Singapore Tourism Board stated that with the increase in the number of flights and China's resumption of outbound tourism, the recovery of Singapore's tourism industry will accelerate.<blockquote>\"It is expected that the number of international tourists visiting Singapore will reach 12 million to 14 million in 2023, returning to 75% before the epidemic In 2019, the number of inbound tourists from Singapore totaled 19.12 million.”</blockquote>According to recent data provided by China Aviation Travel, since the restart of the outbound and group tour pilot program on February 6, 2022, the number of inbound and outbound civil aviation passengers of China’s domestic airlines has exceeded 276,000, an increase of nearly 4.4 times compared with the same period last year. Shanghai, Guangzhou, Beijing, Xiamen, Chengdu is the top 5 cities with the largest number of outbound tourists.From the perspective of outbound travel routes, Southeast Asian countries led by Thailand, Malaysia, and Singapore are still the most popular overseas destinations for Chinese tourists.China has long been a major source of tourists for Singapore.&nbsp;In 2019, more than 3.6 million Chinese tourists visited Singapore. With the orderly recovery of China's outbound tourism, Singapore tourism operators said they \"see hope\".<img referrerpolicy=\"no-referrer\" src=\"https://community-static.tradeup.com/news/723b6ea50a4a9e8ccaa94d24010b34e0\" tg-width=\"-1\" tg-height=\"-1\">Local tourism operators in Singapore are constantly updating and improving their products and services to meet the needs of group tours, leisure travel and business travel tourists to Singapore.For example, Changi Airport Group has continued to improve airport services in the past two years and has cooperated with airline partners to cope with the strong tourism demand after recovery; many Singapore hotels have also launched special services for Chinese tourists.<h2>💡Share Your Insights&nbsp;&amp;&nbsp;Picks</h2>Please leave a message in the comments section of this post.<ul><li>What&nbsp;SGX&nbsp;stock&nbsp;you&nbsp;feel will benefit from tourism development?</li><li>What travel services would&nbsp;like&nbsp;to recommend to future tourists</li></ul><ul></ul><h2>🎁Prizes</h2><ul><li>🐯All&nbsp;valid comment on the following post will receive 5 Tiger Coins.</li><li>🐯10 Tigers will receive 50 coins for the most popular and high-quality comments.</li></ul><h2>⏰Activity Duration</h2><ul><li>22 February 2023-1&nbsp;March 2023&nbsp;(24&nbsp;pm)</li></ul></body></html>","text":"Previously, the Singapore Tourism Board stated that with the increase in the number of flights and China's resumption of outbound tourism, the recovery of Singapore's tourism industry will accelerate. \"It is expected that the number of international tourists visiting Singapore will reach 12 million to 14 million in 2023, returning to 75% before the epidemic In 2019, the number of inbound tourists from Singapore totaled 19.12 million.” According to recent data provided by China Aviation Travel, since the restart of the outbound and group tour pilot program on February 6, 2022, the number of inbound and outbound civil aviation passengers of China’s domestic airlines has exceeded 276,000, an increase of nearly 4.4 times compared with the same period last year. Shanghai, Guangzhou, Beijing, Xiamen, Chengdu is the top 5 cities with the largest number of outbound tourists. From the perspective of outbound travel routes, Southeast Asian countries led by Thailand, Malaysia, and Singapore are still the most popular overseas destinations for Chinese tourists. China has long been a major source of tourists for Singapore. In 2019, more than 3.6 million Chinese tourists visited Singapore. With the orderly recovery of China's outbound tourism, Singapore tourism operators said they \"see hope\". Local tourism operators in Singapore are constantly updating and improving their products and services to meet the needs of group tours, leisure travel and business travel tourists to Singapore. For example, Changi Airport Group has continued to improve airport services in the past two years and has cooperated with airline partners to cope with the strong tourism demand after recovery; many Singapore hotels have also launched special services for Chinese tourists. 💡Share Your Insights & Picks Please leave a message in the comments section of this post. What SGX stock you feel will benefit from tourism development? 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So do the other Asian markets.","text":"SG market will become better in the Summer. So do the other Asian markets.","html":"SG market will become better in the Summer. So do the other Asian markets.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":105865973,"gmtCreate":1677170223223,"gmtModify":1677170226532,"authorId":3568714328624189,"author":{"id":3568714328624189,"authorId":3568714328624189,"name":"Kaixiang","avatar":"https://community-static.tradeup.com/news/09c30e8aaa30040558236e89e69bced9","vip":1,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.03.31","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9957850885,"type":1,"supId":0,"prevId":0,"content":"@TigerStars ‌‌@CaptainTiger ‌‌@Tiger_chat ‌‌@MillionaireTiger ‌‌@TigerEvents ‌ : [Grin]","text":"@TigerStars ‌‌@CaptainTiger ‌‌@Tiger_chat ‌‌@MillionaireTiger ‌‌@TigerEvents ‌ : [Grin]","html":"@TigerStars ‌‌@CaptainTiger ‌‌@Tiger_chat ‌‌@MillionaireTiger ‌‌@TigerEvents ‌ : [Grin]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":105888781,"gmtCreate":1677458148849,"gmtModify":1677458151998,"authorId":3583575708819843,"author":{"id":3583575708819843,"authorId":3583575708819843,"name":"mrzhuge","avatar":"https://static.tigerbbs.com/5334845cffee5a372a7e25268d3684de","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9957850885,"type":1,"supId":0,"prevId":0,"content":"wow","text":"wow","html":"wow","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":105868479,"gmtCreate":1677203620341,"gmtModify":1677203626647,"authorId":3582196417642460,"author":{"id":3582196417642460,"authorId":3582196417642460,"name":"YWTan","avatar":"https://static.tigerbbs.com/09489d6d8bf785f5e1610b42f7b35112","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9957850885,"type":1,"supId":0,"prevId":0,"content":"👍","text":"👍","html":"👍","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":105866079,"gmtCreate":1677171191278,"gmtModify":1677171194717,"authorId":3569639162959237,"author":{"id":3569639162959237,"authorId":3569639162959237,"name":"HAU3","avatar":"https://static.tigerbbs.com/4ef8cf2de397a16c24957289de1b0a09","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9957850885,"type":1,"supId":0,"prevId":0,"content":"hi","text":"hi","html":"hi","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9957850885"}