The number of international and domestic flights in civil aviation fluctuates with the change of seasons, with industry insiders suggesting that there is uncertainty in the recovery of China-U.S. routes | Industry trends.

① Starting from March 30, civil aviation enters the summer and autumn flight seasons. Data from third-party platforms show that the planned number of flights and routes for domestic airlines in the new season have decreased year-on-year, while international and regional routes have seen a year-on-year increase; ② The recovery rate of USA routes remains low, only recovering to 23.1% of 2019 levels. Industry insiders say that the background of USA tariff policies may impact business exchanges between China and USA, thereby affecting the restoration of China-USA routes.

cls.cnMar 29 02:10 ET

HAIDILAO: 50 AI applications developed, seeking to acquire high-quality Assets | Directly covering the Earnings Conference.

① HAIDILAO stated that it will continue to explore diversified Operation strategies, implement the "Pomegranate Plan," and continue to explore the franchise Business. ③ Since the implementation of the HAIDILAO franchise model, there has been strong demand in the lower-tier markets, with over 70% of franchise applications coming from third-tier cities and below, many of which are from county-level cities.

cls.cnMar 26 10:16 ET

Choosing between A-shares or Hong Kong stocks, Technology or non-Technology? Goldman Sachs' Research Reports respond to two major hot topics in investing in China.

① Currently, should investors continue investing in Hong Kong Stocks or shift to the A-share market? Should the focus be on the Technology Sector or shift to Consumer, Real Estate, and other non-Technology sectors? ② On Wednesday, Goldman Sachs' chief China Stocks strategist, Liu Jinjing, provided an analysis in his report.

cls.cnMar 26 02:21 ET

Full text of Meituan's conference call: Fully entering AI, Bullish on the high profit margins in the Middle East market, pilot social security for riders to start in the second quarter of this year.

Meituan significantly enhanced employee productivity through the self-developed large model "Totoro", achieving 27% of new code generated by AI, a 44% reduction in the BD team's workload, and over a 20% increase in AI customer service efficiency. This year, plans are to launch an AI assistant covering all services and expand into the Siasun Robot&Automation and autonomous driving fields. In overseas Business, Meituan's brand Keeta operates delivery services in six major cities in Saudi Arabia; in the Middle East and other markets, the average Order value is much higher than in China, and users are more willing to pay for services, with delivery Business profit margins also exceeding those domestically.

wallstreetcnMar 21 20:42 ET

Meituan's Q4 revenue grew by 20% year-on-year, new business losses narrowed, and overseas market expansion accelerated | Earnings Reports insights.

Meituan's total revenue in Q4 increased by 20.1% year-on-year, with a net income of 6.22 billion yuan, representing a year-on-year increase of 180.7%, but a quarter-on-quarter decrease of 51.6%. New business losses further narrowed, and the company accelerated its exploration of overseas markets, expanding Keeta to all major cities in Saudi Arabia.

wallstreetcnMar 21 05:35 ET

TONGCHENGTRAVEL's Q4 revenue increased by 34.8% year-on-year, with vacation Business becoming a new growth point | Earnings Reports news.

In 2024, TONGCHENGTRAVEL's total revenue reached 17.341 billion yuan, a significant increase of 45.8% year-on-year, with the vacation Business becoming a new growth engine for the company. This sector contributed 3.141 billion yuan in revenue for the 2024 financial year, playing a notable role in driving overall revenue growth.

wallstreetcnMar 20 08:56 ET