What sectors are beneficial to the Winter Olympics?

The sectors benefiting from the Winter Olympics include environmental protection, infrastructure, real estate, tourism, consumer services, sports, etc. The specific analysis is as follows:

1. Environmental protection

Sinolink Securities: If the bid to host the Winter Olympics is successful, environmental protection requirements will be further enhanced, and there will be a strong demand for substantial improvements to the environment. Recommended targets: Qiyuan Equipment (China Energy Conservation and Environmental Protection Platform)/Snowdilong (Smart Environmental Protection)/Guodian Qingxin (Electricity Environmental Protection).

Guotai Junan: The Winter Olympics will promote the government’s comprehensive air pollution control. Ensuring air quality that is “in line with outdoor sports” is the ultimate goal of the Winter Olympics. As the results of the Winter Olympics are approaching, investment opportunities in the theme of atmospheric governance will appear frequently. We believe that VOC governance, clean coal technology equipment and operations, ultra-low emissions, and biomass energy utilization will be the main beneficiaries. Snow Dilong, Qiyuan Equipment, fresh environment, clear water source.

2. Infrastructure

Sinolink Securities: Beijing’s successful bid to host the Winter Olympics brings investment opportunities in the real estate sector. The main logic is to stimulate real estate investment demand and drive the development of operating properties. Recommended target: Beichen Industrial (consumption-driven transformation needs, Olympic central area project).

Guotai Junan: infrastructure construction. Olympic venue construction and infrastructure investment will be the main driving factors. The construction and building materials industry, energy conservation and environmental protection, real estate, transportation, communications electronics and other industries will see double growth in supply and demand, improving the performance of companies in related industries.

3. Real Estate

Sinolink Securities: Beijing’s successful bid to host the Winter Olympics brings investment opportunities in the real estate sector. The main logic is to stimulate real estate investment demand and drive the development of operating properties.

Recommended target: Beichen Industrial (consumption-driven transformation demand, Olympic central area project).

4. Tourism

Sinolink Securities: The successful bid for the Winter Olympics will drive the development of tourism-related service industries. Recommended target: CITS United (transformation of sports event operation and dual drive of cultural tourism).

BOCI: Potential beneficiary stocks are CITS United and CYTS. At the individual stock level, we focus on recommending China National Travel Service, Jinling Hotel, Tempus International, Songcheng Entertainment, Beijing Culture, Uoxin Travel, China Youth Travel Service, and China National Travel Service United.

5. Consumer Services

Essence Securities: Before and after the Olympic Games, the arrival of a large number of tourists will greatly stimulate local tourism consumption, and the tourism and service industries will usher in good opportunities for development. The operating income of leading local enterprises in the host area is expected to increase significantly, and this growth has a certain degree of sustainability.

6. Sports

Sinolink Securities: As a top global sports event, the Winter Olympics will bring about a significant increase in demand for sports venue construction (especially ice and snow indoor and outdoor venues) , the rising demand for sporting goods and other large sports industries have benefited as a whole. The recommended targets are: Pathfinder (product planning related to ice and snow projects, outdoor platform)/Guirenniao (industrial fund, sports industry transformation)/Xunxing Shares (leader in subdivided industries).