Lates News

Every-AI news, China Merchants Securities released a research report on September 1, giving China International Travel Service (601888.SH) a buy rating. The main reasons for the rating include: 1) The decline in Q2 revenue narrowed on a month-on-month basis, and the company's operations are gradually stabilizing; 2) Offshore duty-free: Hainan's market share continues to expand, and the advantage of duty-free channels is still prominent as customs closure approaches; 3) In-town duty-free: stores are gradually opening, expected to contribute to incremental revenue. (Daily Economic News)