The Zhitong Finance App learned that Xingeo Touring Car (00805) rose more than 7% in the intraday period. As of press release, it rose 5.61% to HK$12.04, with a turnover of HK$27.7583 million.

According to the news, according to CCTV financial reports, road trips are expected to account for more than 90% of this year's National Day holiday. Self-driving tours have become the main travel force, and motorhome consumption has changed, from short-term rental experiences to direct purchases and personal use. Policies have been increased and facilities have been improved, and motorhomes have moved from being a niche hobby to being consumed by more people.

In September of this year, 10 departments including the Ministry of Culture and Tourism jointly issued “Certain Measures on Promoting the Consumption of RVs”, which proposed nine policy measures to improve the quality of motorhomes supply, guarantee the passage and parking of motorhomes, and strengthen the construction of motorhome camps. Xinzio believes that the introduction of this new policy marks the official transition of the motorhome industry from a “policy development period” to a “consumption activation period.” According to 2023 data, Singeo's market share in the Australian and New Zealand motorhome market reached 7.8%, ranking second.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.