"Spring Break + Qingming" double holiday data exceeds expectations, the Tourism ETF Fuguo (159766) rose over 4.5% intraday

On April 8, the three major A-share indices opened higher, with the aviation transportation sector performing notably well. The Tourism ETF Fuguo (159766) rose by more than 4.5% intraday; as of the time of publication, the latest gain was 4.47%. Among the constituent stocks of the underlying index, China National Aviation Holding, Guilin Tourism, and China Eastern Airlines 10CM hit the daily limit up, with about 90% of the stocks trading higher, driving the index upward.

On the news front, cultural and tourism data performed strongly. During the Qingming holiday, the total number of cross-regional trips by people across the whole society was 840 million trips, up about 5% year-on-year.

Some research institutions believe that 2026 will be the inaugural year of China’s flexible holiday system. Going forward, the pace of policy implementation is worth paying attention to. The current market is still relatively underpricing the flexibility of holiday policies. It is recommended to pay attention to allocation opportunities in the travel sector.

The Tourism ETF Fuguo (159766) includes industries such as aviation airports, tourist attractions, hotels and catering, and travel retail. It covers the entire tourism industry chain. Its weighted stocks are leading enterprises in various sub-sectors within the tourism sector, with strong earnings resilience and growth potential. It is the market’s first and currently the largest ETF that provides a precision allocation to opportunities in the tourism sector.

Daily Economic News