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Zhonghuan Tourism Stocks soar in 2021 with Xiadu and Taiwan High Speed Rail Holdings

【Times-Taipei】Tourism and tourism stocks have skyrocketed this year. Central (2323) has benefited from the holdings of Xiadu (2722), Farglory (2712) and Taiwan High Speed ​​Rail (2633). Dong Zuoweng Mingming said on the 24th that the company is currently the eighth largest shareholder of Taiwan High Speed ​​Rail. Xiadu holds nearly 20% and Yuanlai about 17%. He is optimistic that after the epidemic is unblocked, the global tourism industry will flourish. The company delivers significant returns.

Weng Mingming pointed out that Zhonghuan’s main investment targets are stocks with low P/E ratios and high net worth. It also invests in stocks with high P/B value such as Evergreen (2603) and Yang Ming (2609), and will continue to buy them in due course.

Zhonghuan is the director of Xiadu, the major shareholder of Yuanlai Hotel and the high-speed railway. This year, the stocks of tourist hotels have soared, and Zhonghuan’s value has also risen accordingly. It is expected that the second quarter will benefit from the recovery business opportunities brought about by the epidemic, and the profit can continue, which may be better than the first quarter. (News source: Industry and Commerce Real-time Qiu Liling)

2023-05-25 05:10:25
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