(Yicai Global) July 8 — Shares of Chinese tourism companies rallied after the government announced a reopening of cross-provincial train services for tourists after a nine-month suspension.
Fukang-headquartered sightseeing tour operator Western Regions Tourism Development [SHE: 300859] closed 2.5 percent higher after surging 9.5 percent intraday.
Beijing-based travel agency Caissa Tourism Group [SHE: 000796] closed 0.8 percent higher after rising 5 percent earlier.
Other soaring stocks…