China International Travel Service Co Ltd<601888>, the top travel agency in the country, will list in the Shanghai Stock Exchange on Thursday. CITS said in a statement filed with the Shanghai Stock Exchange yesterday that 176 million shares of the company will become tradable on the SSE from tomorrow....
No restrictions on foreigners' travel to Tibet during the National Day holiday season
The China National Tourism Administration recently announced relaxed policies enabling foreign enterprises to set up travel agencies in China more easily, sources reported. According to the new regulation, CNTA will start accepting applications from foreign-invested travel agencies on Sep. 15. The...
China's online travel reservation market generated revenue of RMB 840 million in the second quarter of this year, according to statistics from Enfodesk, an industrial database provided by Analysys International. The figure reflects an 8.5% growth from the first quarter of this year and a 13% increase from a year earlier....
The China Securities Regulatory Commission, the nation's top securities regulator, on Monday announced that it has given the nod to China International Travel Service Corp, the largest comprehensive travel agency in China, to launch an initial public offering on the Shanghai bourse. China International Travel,...
The China Securities Regulatory Commission will review an initial public offering application submitted by China International Travel Service, the largest comprehensive travel agency in China, on Jul. 20, according to an announcement posted on the CSRC's website.China International Travel plans to raise RMB 1.7...
China United Travel Co Ltd<600358>, a subsidiary of China International Travel Service Ltd, today announced that it plans to issue between 50 million and 80 million shares at prices not less than RMB 4.92 apiece to raise up to RMB 393.6 million, sources reported.The proceeds from the private issuance...
China Travel International Investment Hong Kong Ltd<0308> plans to sell its entire 100% equity interest in China Travel International Ltd (CTIL) and a 25% equity interest in China Travel International (Hangzhou) Ltd to its parent, China Travel Services, also known as CTS Group of China....
Now's the time to get in on these growing specialy travel industries. Many types of online businesses come and go in the blink of an eye. But the trillion-dollar travel industry continues to grow by leaps and bounds, creating a big demand for specialized services.
China Travel International Investment Hong Kong<0308> expects occupancy at its Hong Kong hotels to drop 20% year on year amid fears of the H1N1 virus, the Standard reported.Wan Chai Metropark Hotel's occupancy rate was 80% during this time last year. Occupancy was 50% right after the hotel reopened...