Spring Festival travel rush boosts the transportation sector, transportation ETF (561320) rises over 1%

GF Securities pointed out that during the Spring Festival travel rush, the overall cross-regional movement of people in society achieved steady growth on a high base, with total volume possibly reaching a new high. Among them, civil aviation passenger transportation saw significant year-on-year growth, with both volume and price increasing: in terms of volume, civil aviation passenger trips during the Spring Festival holiday continued to hit new highs, and aircraft utilization rates improved daily; in terms of price, the average ticket price for domestic economy class routes increased year-on-year. International routes benefited from visa exemptions and policies to boost consumption, with nearby international short trips remaining the top choice for travelers. Regarding railways, the overall growth during the Spring Festival was considerable. In highway passenger transport, the normalization of demand for reverse trips, niche travel, and holiday tourism, along with systemic moderate changes, led to a year-on-year increase in passenger volume.

The Transportation ETF (561320) tracks the Mainland Transportation Index (000945), which mainly includes transportation companies operating within China. The index selects listed companies involved in railway, highway, shipping, and aviation sectors as its samples to reflect the overall performance and development trends of listed transportation companies in the Mainland.

Risk Reminder: Mentioning individual stocks is only for industry event analysis and does not constitute any stock recommendation or investment advice. Short-term fluctuations of the index are for reference only and do not predict future performance, nor do they constitute a promise or guarantee of fund performance. Opinions may change with market conditions and do not constitute investment advice or commitments. The risk and return characteristics of the mentioned funds vary; investors are advised to carefully read the fund legal documents, fully understand the product features, risk levels, and distribution principles, and choose products that match their risk tolerance, investing cautiously.

Daily Economic News

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