China Travel Hong Kong & Macau Cultural Tourism plans to list in Hong Kong by way of introduction on November 26

China Travel Hong Kong & Macau Cultural Tourism, spun off by China Travel International Investment Hong Kong, has passed the HKEX hearing and is expected to list on the HKEX by way of introduction on November 26, 2026, without issuing new shares or raising new funds. The company's 2025 revenue was HK$2.198 billion and net profit was HK$117 million, with gross margin falling from 36.8% to 28.4%. Its business covers the TurboJET ferry, China Travel Bus cross-border passenger transport, hotel brands such as Metropark, and Hong Kong's exclusive entrusted processing service for travel documents. By segment, ferry passenger volume fell from about 3.36 million in 2023 to 2.78 million in 2025, while bus passenger volume rose from about 2.70 million to 4.40 million over the same period.