On May 5, the Piggy Bed and Breakfast platform released data showing that the number of May Day holiday homestay orders this year increased by 102% compared to last year. The average length of stay was 3.2 days. Chongqing, Chengdu, Xi'an, Fuzhou, Wuhan, Qingdao, Weihai, Kunming, Shanghai, and Nanjing became the top 10 most popular May Day cities.

During the “May 1st” holiday period, Beijing received a total of 16.966 million visitors, achieving tourism revenue of 19.62 billion yuan, an increase of 9.4% and 10.2% over the same period in 2019, and an increase of 18.5% and 23.1% over the same period in 2019, all of which reached record highs for the same period. The city has carried out more than 2,700 cultural tourism events, organized 804 cultural events, organized 1,210 cultural events, and hosted 302 shows and 1,513 shows, making every effort to improve the quality, upgrading and efficiency of cultural tourism. (CCTV Finance)

The Ministry of Civil Affairs recently issued a notice requesting all regions to strengthen the identification and dynamic monitoring of the low-income population, further strengthen dynamic monitoring and assistance for the low-income population, make better use of the “protect basics, prevent risks, and promote development” functions of social assistance, and tighten the safety net to protect people's livelihood. (CCTV News)

The Huaxin Securities Research Report points out that the domestic economy continues to weaken, real estate inventory removal is expected to accelerate, total volume is strengthened in coordination with industrial policies, and market sentiment is gradually improving. Due to internal and external resonance, A-shares have rebounded. Focus on the three main lines: 1) performance improvement (downstream consumption — agriculture, forestry, animal husbandry and fishing, light industry, pharmaceuticals, technological growth — electronics, communications); 2) foreign investment recovery (recent northward increases focused on computers, pharmaceuticals, power equipment, electronics, etc.); 3) overseas mapping (early adjustments in place + impressive performance of giants + increased capital expenditure, which is beneficial to TMT's rebound).

According to a Kyodo News report on the 5th, Japanese people held a rally at Odori Park in Sapporo City, Hokkaido on the same day to oppose the government's plan to transfer and place nuclear waste in Hokkaido, while also expressing opposition to the plan to restart the Tomari nuclear power plant located there. According to the organizers, about 200 people attended the rally that day. (Global Network)

According to official data from Haidilao, from May 1 to May 4, Haidilao stores across the country received a total of about 7.5 million visitors, an increase of about 15% over the first four days of “May 1st” last year, and the increase in stores in the sinking market is even more obvious.

Tongwei Co., Ltd. (600438) announced on the evening of May 5 that on April 30, the company repurchased 5.249,500 shares for the first time through centralized bidding transactions, accounting for 0.1166% of the company's total issued share capital as of March 31, 2024. The highest transaction price for the initial share repurchase was 21.89 yuan/share, the minimum transaction price was 21.53 yuan/share, and the total transaction amount was 114 million yuan (excluding transaction fees such as transaction commissions).

DRAM products such as SK Hynix LPDDR5/LPDDR4/NAND/DDR5 all had price increases of 15%-20%. Supply chain sources said, “The price of Hynix DRAM products has been rising month by month since the fourth quarter of last year. The cumulative increase has now ranged from about 60% to 100%, and the increase will slow down in the second half of the year.”

According to the acquisition report disclosed by Hongye Futures, in order to promote the restructuring and integration of provincial trading enterprises and rationalize the shareholding relationship of Zhongshan Co., Ltd., with the approval of the Jiangsu Provincial State-owned Assets Administration Commission, 100% of the shares of Zhongshan Co., Ltd. actually held by the Jiangsu Provincial People's Government were transferred free of charge to the Provincial Soho Holding Group. Since Zhongshan Co., Ltd. holds 2.41% of Hongye Futures's shares, after the free transfer is completed, the voting share of Hongye Futures controlled by the Provincial Soho Holding Group will rise from 49.17% to 51.58%. The above matters constituted the acquisition of Hongye Futures by the Provincial Soho Holding Group.

According to the CITIC Construction Investment Research Report, in the second half of 2023 and the first quarter of 2024, the overall growth rate of the pharmaceutical industry was under pressure. However, there is no shortage of structural highlights, such as improving the profitability of APIs in the first quarter of 2024 and exceeding expectations under the high OTC base of some traditional Chinese medicines. Beginning in the second quarter of 2024, some high base factors gradually weakened, and enterprises gradually adapted to operating under the new normal of compliance. The overall growth rate is expected to gradually stabilize. Looking at the second half of the year, considering the low base of in-hospital sales for the same period last year, the overall growth rate will be better than in the first half of the year.