HK-listed Fosun Tourism climbs on strong performance of Hainan destination

Fosun Tourism

09/02/2023 04:27

** Shares of Chinese resort and tourist destinations
operator Fosun Tourism Group  1992.HK  climb as much as 3.1% to
HK$11.40
    ** Stock on course for biggest daily pct rise since Jan. 17,
if current gains hold
    ** Shanghai-based co says its tourism destination, Atlantis
Sanya, in Hainan Province recorded strong performance during the
Chinese New Year holiday from Jan. 21 to Feb. 5
    ** Atlantis Sanya saw business volume up 4.5% from the same
holiday period a year ago to 159.5 mln yuan ($23.50 mln) and an
occupancy rate by room of 98.6% 
    ** Fosun International  0656.HK -backed co says Atlantis
Sanya received total visits of 474,000, an increase of 13.2%
from 2022 and up 6.1% from 2019 period prior to the COVID-19
epidemic
    ** Shares of Fosun International slip 0.8% 
    ** The Hang Seng Commerce & Industry Index  .HSNC  gains
0.5%, while the Hang Seng Composite Index  .HSCI  and the Hang
Seng Index  .HSI  both climb 0.3%
    ($1 = 6.7886 yuan)
 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))