Will RMB go up and tourism stocks go down?

Tourism stocks will not fall. The rise of the renminbi means that the purchasing power of the renminbi has increased. Simply put, money is more valuable, which is conducive to imports and is not conducive to exports. So for the stock market, the appreciation of RMB is good for some imported enterprises, so it is good for the aviation and tourism industries, because the cost is reduced, mainly in the following aspects: the appreciation of RMB, studying abroad, spending less on tourism and so on. This may stimulate tourism and aviation. (just affected by the epidemic, aviation and tourism have not improved much at present, but low-valued stocks can lurk. )