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Chinese tourists
Broker's Calls
UOBKH lowers TP for ThaiBev; anticipates near-term temporary delay in Chinese tourists arrival after shooting incident
UOBKH notes that Chinese tourists arrivals in Thailand will soar, following the visa-free entry coming into place in September.
October 11, 2023
Tourism
Singapore sees Chinese visitors at 30% - 60% of pre-pandemic level
The city-state welcomed about 870,000 Chinese visitors as of end-August, making up close to 30% of 2019 numbers, says STB.
September 15, 2023
Broker's Calls
Hospitality S-REITs entering 'multi-year upcycle' with 'travelanche' of Chinese travellers: DBS
DPUs will recover to 106% of levels in FY2024, which will more than compensate for higher interest rate risks, say DBS's analysts.
April 13, 2023
Company in the news
Banyan Tree branches out globally
China’s holidaymakers are still missing but the luxury resort operator is opening new properties elsewhere to make up the numbers.
November 03, 2022
2019 in review
Looking back at 2019
SINGAPORE (Dec 20): Singapore’s open economy makes it vulnerable to the ebb and flow of global trade. This inevitably has an impact on the local stock market.
December 20, 2019
Fintech
Alipay and STB conclude first 'cashless trip' for Chinese visitors to Singapore
SINGAPORE (Sept 13): Alipay, the mobile payment and lifestyle platform operated by China’s Ant Financial Services Group, has concluded its first “cashless trip” made by Chinese visitors to Singapore.
September 13, 2018
Broker's Calls
Singapore woos Chinese tourists to boost hospitality sector
SINGAPORE (Oct 6): Singapore has stepped up efforts to woo Chinese tourists amid weaker traveller sentiments and lower corporate demand.
October 06, 2016