China Travel Hong Kong & Macau Cultural Tourism plans to list in Hong Kong by way of introduction on November 26
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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.
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- Pinchain TourismCTS Hong Kong Macau Cultural Tourism plans to list in Hong Kong on November 26, with 2025 revenue of HK$2.198 billion
CTS Hong Kong Macau Cultural Tourism, spun off from China Travel International Investment Hong Kong, has passed the Hong Kong Stock Exchange hearing and is expected to list on November 26 by way of introduction, without issuing new shares. In 2025 the company had revenue of HK$2.198 billion and net profit of HK$117 million, with gross margin falling from 36.8% to 28.4%. Ferry passenger volume fell from about 3.36 million in 2023 to 2.78 million in 2025, while bus passenger volume rose from about 2.7 million to 4.4 million over the same period.
- Pinchain TourismCTS Hong Kong-Macau Cultural Tourism expected to list on HKEX by way of introduction on November 26
CTS Hong Kong-Macau Cultural Tourism, spun off from China Travel International Investment Hong Kong, has passed the HKEX hearing and is expected to list by way of introduction on November 26, without issuing new shares or raising new funds. The company's 2025 revenue was HK$2.198 billion and net profit HK$117 million; gross margin fell from 36.8% to 28.4%. Its businesses cover TurboJET ferry services, CTS Bus cross-border passenger transport, hotel brands including Metropark, and Hong Kong's exclusive entrusted processing service for travel documents.
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