MEITUAN: CN Scale of Cultural & Tourism Consumption in Recent 2 Wks Expand 20%+

　　MEITUAN-W (03690.HK) +4.700 (+4.048%) Short selling $424.61M; Ratio 15.508% data showed that the scale of cultural and tourism consumption in mainland China in the recent two weeks ascended by more than 20% compared to the previous two weeks, with the top ten destinations being Beijing, Shanghai, Chengdu, Xi'an, Guangzhou, Chongqing, Shenzhen, Hangzhou, Changsha and Wuhan, Chinese media reported.

　　During the period, the scale of cultural and tourism consumption in T3 cities and county-level areas in the mainland skyrocketed, with popular destinations such as Shengsi, Anji, Tonglu and Yanji seeing an upswing of more than 60% over the previous two weeks.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-12 12:25.)

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