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FOSUY - Fosun Tourism Sees Rebound Just Around The Corner - Again
Fosun International Ltd ADR
Fosun Tourism's business continued to drop in the second quarter despite very weak comparisons from the year-ago period.
Company continues to see rebound coming, with bookings at 86% pre-pandemic levels in the second half of the year.
The rosiest outlook comes from the company's home China market, where the outbreak has largely been under control for a year and domestic travel patterns have started to approach pre-pandemic levels.