CITIC SEC: CHINA TRAVEL HK (00308) proposes a distribution proposal and suggests actively focusing on the company's investment value.
The bank believes that this event is of great significance for the medium and long-term development of listed companies, and it is expected that financial statements will see significant improvement starting from 2026. It is recommended to actively pay attention to the investment value of the company.
CITIC SEC released a research report stating that CHINA TRAVEL HK (00308) has proposed a distribution plan to divest its continuous loss-making tourism real estate business and focus on core profitable business. The bank analyzed that this plan would help improve the company's performance, enhance profitability, reduce debt levels, streamline and optimize operations, focus on development strategies, and optimize resource allocation to unleash the growth potential of the tourism industry. The bank believes that this event is of great significance for the long-term development of the listed company, and the financial statements are expected to significantly improve from 2026 onwards. It is recommended to actively pay attention to the investment value of the company.
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