China Travel Stocks Extend Rally; Guilin Tourism Hits Fourth Limit-Up

The striking feature is the breadth: gains spread from scenic-spot operators to hotel names, suggesting the move is being read as a sector-wide theme rather than a single-stock story. A fourth consecutive limit-up on Guilin Tourism points to speculative momentum building around domestic travel demand, with smaller regional names like Yunnan, Xiyu and Shaanxi drawing the sharpest openings. Whether this broadening holds once the limit-up leaders lose momentum is the open question, particularly for the hotel side, which typically tracks actual occupancy rather than sentiment.