China Youth Travel Service (CYTS) Co., Ltd., the first travel agency in Beijing.

First, the fundamental analysis of individual stocks:

1, BTG shares:

The company owns hotels such as Economy and Nation located in prime locations. As a designated hotel for Olympic reception, it is expected to continue its booming business in the post-Olympic era, and its income prospect is quite good. Its well-known enterprises, such as BTG Hotel Group, Lufthansa Group, Quanjude, Donglaishun Group and Shouqi Group (joint-stock company), make the asset scale, competitiveness and industrial structure of the group a solid backing for the future development of BTG shares. It is worth noting that Beijing BTG Group currently holds 65.438+0.6 billion state-owned legal person shares, with a shareholding ratio of 696.5438+0.4%. The assets controlled by the group have reached 20 billion yuan, ranking the forefront of the national tourism enterprise groups. BTG Group said that it will take advantage of its own resources to actively support the rapid development of BTG shares, making it an influential tourism listed company in China's capital market, and its growth prospects are good for all parties.

2 Beijing tourism

Taking hotel service management, scenic spot management and investment as the three industries of the company's future development, we will focus on developing Beijing tourism. Relying on Mentougou's rich natural and cultural tourism resources, we make full use of the implementation of Beijing's new urban planning and the favorable opportunity for Beijing to hold many international competitions in recent years, and actively expand the company's tourism resources development and other businesses. At present, it has the right to operate the scenic spots of "two mountains and two temples" in Mentougou (Lingshan, Miao Feng, Tanzhe Temple and Jietai Temple), as well as accommodation and entertainment in the scenic spots. The tourism industry in which Beijing travels has the characteristics of less investment, stable return, strong monopoly of resources, labor-intensive, strong correlation and no pollution. It is recognized as a sunrise industry and is expected to develop steadily. It is a rare haven in the weak city at present.

3 CYTS:

The company is one of the three major travel agencies in China, and the tourist routes basically cover all the mainstream tourism products in the market. CYTS' main tourism industry still maintained rapid development, in line with expectations. In the third quarter, the main tourism industry maintained steady and rapid growth; In 2008, the high-end exhibition business maintained a high-speed growth and was not affected. However, if the economic situation continues to deteriorate in 2009, it will not be conducive to the cultivation of high-end business in the short term. However, the strategic investment of CYTS real estate business is lower than expected, and the proportion of real estate income may be lower than expected due to the sluggish real estate sales in the country.

Technical analysis of two stocks: (because of long-term consideration, it is mainly trend and volume and price analysis)

1 BTG shares: from the Olympic market to now, this stock has maintained an active trading volume in the secondary market. Compared with the initial decline, the current trading volume has basically maintained a relatively large level, but it has declined compared with 10 in August and September, indicating that the stock still has funds to continue to pay attention after the current Olympic speculation. At present, the trading volume of the stock has declined during the bottoming period of market shock, which may be that the main funds are similar to a behavior of locking positions and washing dishes, and the trend is brewing. In the near future, we should pay attention to whether there is a large number of continuous release of yang and the change of 60-day moving average. If the stock index breaks through the 60-day moving average and is confirmed to be effective, it indicates that the downward trend has changed.

Tourism in Beijing: The transaction volume was very small before the Olympic Games, but it surged during the Olympic Games. Now the stock index dives away from the 60-day moving average, and the downward trend is fierce. The continuous shrinking of trading volume indicates that the market sentiment is low, and it is not appropriate to intervene at this time, and the market outlook may fall sharply.

CYTS: At present, it is shrinking, and the stock index has not shown a warming trend. Moreover, the transaction volume is low, and there is no pick-up below the display. Because the fundamentals of the stock are not very good, it is not difficult to understand that it is not popular in the market. The trend of this stock is also in the downward channel, which is slightly slower than the downward trend of Beijing tourism, but the market outlook has also fallen.

Third, summarize the stock selection.

From the fundamental and technical analysis, BTG shares are the most promising from the fundamental point of view, with many high-yield resources; Technically, BTG shares are still expected to get out of the downward trend first, and there are funds to intervene heavily;

Fundamentally, China Youth Travel Service (CYTS) is strong, but the unfavorable real estate investment casts a shadow on it, and its technology is slightly inferior to BTG. Beijing has the worst tourism, but dialectically, there is more room for speculation. Beijing tourism, as a concept stock, often starts the market.

Invest in BTG stocks

Short-term speculation chooses Beijing tourism.

CYTS is not worth holding at present.