Start of this week，The domestic 188bet game industry is gradually recovering from the shutdown，Scenic spots owned by many companies have begun to resume operations，Sanya duty-free shop affiliated to CITS has also resumed business。

Policy，To serve the stable and healthy development of 188bet game enterprises，Multiple relief policies have been implemented，Days ago，Shanghai Municipal Culture and 188bet game Bureau issued "Several Policies and Measures for Shanghai to Prevent and Control the Epidemic to Support the Stable and Healthy Development of Service Enterprises"，Launched 12 new measures，Helping more 188bet game companies relieve cash flow pressure，Has temporarily refunded travel service quality guarantee deposits for 380 travel agencies，The amount involved exceeds 100 million yuan。

Message surface，Multiple news came from the 188bet game industry this week: Uxin Travel announced the signing of a strategic cooperation framework agreement with China Duty Free Group, a subsidiary of China International Travel Service；Many international hotel groups have issued announcements to reduce or reduce management fees for domestic owners；Legoland and Disney expansion included in Shanghai’s 2020 preparation projects；The first batch of domestic scenic spots to reopen after the epidemic became clear，Over 1,000 of them are free for medical staff。

Wanlian Securities pointed out,Last week，The 188bet game industry, which saw a lot of reductions in the early stage, is experiencing an increase，With the arrival of the turning point of the epidemic，The 188bet game industry is still expected to rebound。

Outbound travel，Although the United Nations WHO appeals，Excessive travel restrictions may have a negative impact on the 188bet game industry，But from the data perspective，Booking Holdings, an internationally renowned online travel service provider, issued an announcement，It is expected that total bookings in Q1 this year will drop by 10%-15%。

Bohai Securities Research Report believes，Although the domestic epidemic prevention and control effects are remarkable，But Japan、South Korea、The number of confirmed cases in Italy and other countries has increased significantly，Japan and South Korea have always been one of the main markets for outbound 188bet game，Therefore, it will still take time for the outbound 188bet game market to recover。In the long run，The 188bet game industry continues to improve and the trend remains unchanged，The long-term logic of companies in the industry has not been fundamentally affected，However, the impact on the performance of companies in the industry in the short term is unavoidable。

Bohai Securities recommends investors to choose individual stocks from the following dimensions from a long-term perspective: 1) Stick to tax-free industries with clear logic and strong performance certainty；2) Pay attention to hotel 188bet game leaders whose valuations are at low points and whose performance is relatively flexible；3) High-quality scenic spot companies that are less dependent on ticket revenue and have the possibility of off-site replication in the current ticket price reduction environment。Recommended to follow China International Travel Service、Jinjiang Hotel、Songcheng Performing Arts (leading advantage is solid，Subsidiaries receive government subsidies) and Guangzhou Restaurant (catering business accounts for a low proportion、Food business is growing rapidly，The overall negative impact of the epidemic is limited)。

*Source of this 188bet game: Financial Associated Press,Author: Zhang Heyi, original title:《The turning point of the 188bet game industry is approaching: China is gradually recovering, but the outbound 188bet game market still needs time》.