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2025-10-10
08:58
中興通訊聚焦遊戲手機策略,加速佈局全球年輕人市場

米蘭2025年10月10日 /美通社/ -- 全球領先的綜合信息與通信技術解決方案提供商中興通訊股份有限公司(0763.HK / 000063.SZ)於10月6日在米蘭舉行的「中興通訊全球峰會暨用戶大會」子論壇——「中興通訊終端用戶大會」上,公佈了其全球擴張雙支柱策略:以年輕人市場的遊戲手機為戰略重點加快2C轉型,以及推進以用戶為中心的全場景AI生態建設。大會主題為「解鎖激情,定義風格」(Unlock Thrills, Define Style)。

ZTE accelerates global expansion by strategically focusing on gaming smartphones for youth markets
ZTE accelerates global expansion by strategically focusing on gaming smartphones for youth markets

中興通訊展出多款彰顯其策略的時尚產品,涵蓋努比亞Neo 3系列、努比亞Air,以及首次在國際亮相的「情感伴侶」AI寵物Mochi,還有下一代FWA與MBB解決方案,全力打造全球可持續增長引擎。

中興通訊高級副總裁、終端事業部總裁倪飛表示:「我們立志成為最懂年輕生活方式的科技品牌,以多樣化產品滿足其需求、彰顯其個性。2025年上半年,中興智能手機收入增長超30%,努比亞Neo系列增幅更超300%,說明我們的遊戲聚焦策略正獲得全球認可。」

聚焦遊戲智能手機,發力全球年輕人市場

中興通訊正加速推進2C轉型,深度契合年輕人生活方式,戰略層面聚焦遊戲賽道,以創新遊戲手機努比亞Neo系列為先鋒,同步拓展遊戲生態版圖。通過遊戲IP合作、攜手電競戰隊,以及推出AI虛擬夥伴Demi,全力營造活力四射的遊戲文化氛圍。

努比亞Neo 3系列獲選《Garena Free Fire》官方聯名遊戲手機。此前,該系列已成功推出以Kelly、Hayato和Moco等熱門角色為主題的版本,此次新登場的努比亞Neo 3 GT 5G限量版,則向另一經典角色Kapella致敬。這款特別版手機憑藉強大性能與深度遊戲融合,完美呈現Kapella的獨特魅力。它還搭載革命性的AI虛擬夥伴Demi,可化身「智能導航員」,提供全方位遊戲指引,並擁有獨特的Demi語音生成功能,助力遊戲內暢快交流。手機採用吸睛的「皓石白」配色,盡顯賽博戰士美學風範。

努比亞Neo 3系列帶來專業遊戲體驗,配備雙遊戲肩鍵、AI遊戲空間3.0、120Hz高刷顯示屏、大容量電池及旁路充電功能,還搭載Z軸線性馬達與多層冷卻系統。努比亞Neo 3 GT 5G限量版將於2025年10月在東南亞率先發售,起售價249美元。

在以遊戲手機為策略核心的同時,中興通訊也針對多元生活方式推出產品,努比亞Air便是其有力見證。該機重新詮釋了「輕薄時尚」,在超薄機身內集成了大容量電池、峰值亮度達4500尼特的大屏、頂級防塵防水性能(IP69K、IP69及IP68)以及易用的AI功能,旨在樹立該價位段行業新標杆。努比亞Air已於9月在全球陸續上市,起售價279美元。

構建以用戶為中心的全場景AI生態

中興通訊正積極發展端側AI應用,以提供卓越的交互體驗。作為突破以技術為中心創新模式的重要舉措,AI寵物Mochi進軍情感AI消費電子這一不斷擴大的市場,彰顯了中興通訊踐行「AI for All」戰略的決心,也是其構建連接人、車、家的全場景AI生態的關鍵一步。

Mochi定位為更智能、主動且個性化的「情感伴侶」。它外觀暖心,能通過輕柔動作、聲音和觸覺反饋,感知、傾聽和回應用戶情緒。其毛絨絨、雲朵般柔軟的觸感,搭配靈動的雙眼,賦予它鮮活的生命力。Mochi生動詮釋了陪伴原來可以如此簡單純粹。

中興通訊智能生態建設,離不開其在連接技術方面的領先優勢。作為連續四年穩居全球5G FWA & MBB市場份額榜首的企業,中興通訊不斷開拓進取,推出了最新的5G-A與Wi-Fi 7系列,包括全球首款AI驅動5G-A旗艦CPE——中興G5 Ultra、全球首款30dBi Wi-Fi 7毫米波CPE——中興G5 Max Wi-Fi,以及全球速度最快的Wi-Fi 7 5G移動WiFi——中興U60 Pro。這些成果進一步夯實了中興通訊在推動世界向更互聯、更智能方向發展的關鍵地位。

媒體垂詢:

中興通訊
傳播部
電郵:[email protected]

 

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08:30
WuXi Biologics Receives MSCI AAA ESG Rating for Third Consecutive Year

SHANGHAI, Oct. 10, 2025 /PRNewswire/ -- WuXi Biologics (2269.HK), a leading global Contract Research, Development, and Manufacturing Organization (CRDMO), announced it has received the esteemed AAA ESG rating from Morgan Stanley Capital International (MSCI) for the third consecutive year.

This top-tier rating by MSCI, a premier global data provider of ESG ratings and research, places WuXi Biologics among an elite group of companies globally recognized for outstanding ESG performance, and acknowledges the company's strong leadership in advocating sustainability, particularly in the key areas of climate change, product safety and quality, human capital development, and corporate governance.

Covering more than 17,000 issuers and 999,000 securities worldwide, MSCI ESG Ratings provide valuable insights for investment decision-making as they focus on measuring companies' resilience to financially relevant, industry-specific sustainability risks and opportunities.

Dr. Chris Chen, WuXi Biologics CEO and Chairman of the ESG Committee, commented, "We are deeply honored to receive an MSCI AAA rating for the third consecutive year, a recognition that validates our persistent efforts in pursuing sustainability. As a global leader in Green CRDMO, we consistently deliver ESG excellence, enable partners worldwide with end-to-end solutions, and work together with all stakeholders to drive responsible practices."

In line with the United Nations Sustainable Development Goals, WuXi Biologics has been actively engaged with the United Nations Global Compact (UNGC) and the Pharmaceutical Supply Chain Initiative (PSCI). Recently, the company's new near-term and net-zero greenhouse gas emissions-reduction target matrix has been approved by the Science Based Targets initiative (SBTi).

WuXi Biologics proactively advocates sustainability and has earned widespread recognition for its efforts. The company was awarded an EcoVadis Platinum Medal; listed in the Dow Jones Sustainability Indices (DJSI); named to the CDP Water Security "A list" and awarded an A- CDP Climate Change leadership-level score for two consecutive years; given the highest negligible-risk rating by Sustainalytics, and recognized as a Sustainalytics industry and regional ESG top-rated company for five consecutive years; selected as a Constituent of the FTSE4Good Index Series; listed in the Hang Seng ESG 50 Index; and rated as Prime by ISS ESG Corporate Rating.

DISCLAIMER STATEMENT

THE USE BY WUXI BIOLOGICS OF ANY MSCI ESG RESEARCH LLC OR ITS AFFILIATES ("MSCI") DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF WUXI BIOLOGICS BY MSCI. MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS, AND ARE PROVIDED 'AS-IS' AND WITHOUT WARRANTY. MSCI NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI.

About WuXi Biologics

WuXi Biologics (stock code: 2269.HK) is a leading global Contract Research, Development and Manufacturing Organization (CRDMO) offering end-to-end solutions that enable partners to discover, develop and manufacture biologics – from concept to commercialization – for the benefit of patients worldwide.

With over 12,000 skilled employees in China, the United States, Ireland, Germany and Singapore, WuXi Biologics leverages its technologies and expertise to provide customers with efficient and cost-effective biologics discovery, development and manufacturing solutions. As of June 30, 2025, WuXi Biologics is supporting 864 integrated client projects, including 24 in commercial manufacturing.

WuXi Biologics regards sustainability as the cornerstone of long-term business growth. The company continuously drives green technology innovations to offer advanced end-to-end Green CRDMO solutions for its global partners while consistently achieving excellence in Environment, Social and Governance (ESG). Committed to creating shared value, it collaborates with all stakeholders to foster positive social and environmental impacts and promote responsible practices that empower the entire value chain.

For more information about WuXi Biologics, please visit: www.wuxibiologics.com.

Contacts

ESG
[email protected]

Media
[email protected]

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04:06
DJIA Ends Down 243 Pts; Nvidia Sets New High; Oracle Soars 3%

As the US government remained in a shutdown, US bourse started higher but closed lower on Thursday. The DJIA slid as much as 330 points, and eventually closed down 243 points or 0.5% at 46,358. The S&P 500 closed down 18 points or 0.3% at 6,735. The Nasdaq closed down 18 points or 0.1% at 23,024.

Major techs were in a mixed bag. Nvidia (NVDA.US) sustained its uptrend, adding 1.8% to US$192.5 against the market, marking a new record closing high. Oracle (ORCL.US) shot up 3.1%. Amazon (AMZN.US) also increased by 1.1%. Tesla (TSLA.US) dipped 0.7%. Apple (AAPL.US) dropped 1.6%.
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03:42
US, Saudi Arabia Said to Reach Agreement on Chip Exports

The US government and Saudi Arabia are nearing the completion of an agreement that will allow American chip manufacturers to export semiconductor chips to Saudi Arabia, the Wall Street Journal reported on Thursday, citing sources.

These chips will be used in data centers for training artificial intelligence (AI) models, as part of the government's global technology strategy.
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2025-10-09
19:46
ZTE hosts Global Summit & User Congress 2025 in Milan under the theme "Expanding Intelligence, Creating Possibilities"

MILAN, Oct. 9, 2025 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions, hosted the Global Summit & User Congress 2025 in Milan on October 6-7 under the theme "Expanding Intelligence, Creating Possibilities". Over 500+ global ICT leaders, operators, partners, analysts, industry organizations and innovators gathered to explore the AI-driven digital transformation, foster an open digital-intelligent ecosystem, and drive industry and social innovation.

Xu Ziyang, CEO of ZTE, opened the global summit with a keynote speech. He pointed that in the era moving from bits to tokens, ZTE is committed to building intelligent network foundations, powering the future of computing, and partnering globally to co-create a new age of intelligence.

ZTE CEO Xu Ziyang opened the global summit with a keynote speech
ZTE CEO Xu Ziyang opened the global summit with a keynote speech

During the event, ZTE showcased its latest achievements in connectivity and computing, industry empowerment, and creating a better intelligent life for families and consumers.

Connection upgrade: Network x AI bidirectional integration

In wireless networks, ZTE continues to lead in UBR and M-MIMO innovations, building ultra-simple, ultra-efficient, and green sites. AI reshapes network capabilities, enhancing energy efficiency and O&M efficiency, with precise user experience guarantees, driving 5G toward a shift from volume to value; AgentGuard demo on AIR RAN secures AI interactions; AIR Net's three engines advance to "Agentic Operation". For 5G-A, ISAC supports low-altitude economy and water management; EasyOn private networks enable free-roam VR, media production, and embodied intelligent collaboration.

In the realm of core networks, ZTE unveiled its AI Core, upgrading core network architecture with "Know How" for visualized experience and "Do So" for differentiated monetization, shifting operators from "traffic-driven" to "experience-driven" models. The AI Core also introduced Agentic Ops, a multi-agent framework (fault handling, complaint resolution, network change, and digital twin simulation) to advance from L3 to L4+ autonomy.

Computing power: full-stack advancement

ZTE showcased its full-stack intelligent computing solution, featuring a comprehensive range of general and AI servers, including the industry-focused AiCube all-in-one appliance, to build a high-performance computing foundation. On the software side, it offers a navigational low-code AI platform and Co-Sight Agent Factory, lowering the barrier for AI model training and inference, enabling pipeline-based, minute-level AI app development. The upgraded Co-Sight Super Agent 2.0 topped the GAIA benchmark with 84.05 points.

For home scenarios: AI x Home

In the AI Home segment, revenue growth and ecosystem transformation are being achieved through technological upgrades and business model innovation in AI Wi-Fi 7 and AI media terminals. Powered by core capabilities such as AI smart antenna, AI seamless roaming, and AI acceleration engine, AI Wi-Fi 7 enables a 50% increase in ARPU (Average Revenue per User) through layered operations, scenario-based packages, and ecosystem terminal combinations — ushering in a new era of smart home monetization. AI media terminals have evolved from standalone TV boxes to full-scenario converged terminals.

In the AI-optical Infrastructure segment, AI-optical access, AI HI-OTN, and AI HI-IPNet are strategically focused on cost reduction, efficient O&M, performance, and security, thereby strengthening the core competitiveness of the wireline network.

For consumers: AI for All

ZTE is accelerating its consumer-centric transformation, strategically focusing on the youth market with gaming as a key breakthrough point. At this event, ZTE showcased the gaming smartphone nubia Neo series, a variety of stylish devices such as nubia Air, Flip, Focus and more, catering to lifestyles of the youth. This strategy has led to significant results, with international smartphone revenue growing by over 30% year-on-year in the first half of 2025.

Built around a diverse portfolio of AI devices, including smartphones, PCs, tablets, FWA&MBB, and wearables, ZTE is expanding AI's reach while enhancing its intelligence. ZTE Devices booth features three main areas: gaming smartphone zone, lifestyle smartphone zone and world No.1 FWA & MBB zone empowered by the latest 5G-A and Wi-Fi 7 technologies, along with the debut of AI Pet Mochi in the overseas market, which will be a smarter, more proactive, and personalized emotional companion for everyone.

ZTE will keep advancing its "Connectivity + Computing" strategy with full-stack innovation and global partners to drive breakthroughs across connectivity, intelligent computing, ecosystems, and devices, powering tech and industry evolution.

For more information, please visit:
https://www.zte.com.cn/global/about/exhibition/zte_summit_2025.html

Media Inquiry:
ZTE Corporation
Communications
Email: [email protected]  

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17:46
ZTE accelerates global expansion by strategically focusing on gaming smartphones for youth markets

MILAN, Oct. 9, 2025 /PRNewswire/ -- On October 6, ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions, presented its dual-pillar strategy for global expansion: 2C transformation with a strategic focus on gaming smartphones for youth markets and advancement of a user-centric Full-Scenario AI Ecosystem at ZTE Devices User Congress in Milan, themed "Unlock Thrills, Define Style", as part of a sub-forum of ZTE Global Summit & User Congress.

ZTE accelerates global expansion by strategically focusing on gaming smartphones for youth markets
ZTE accelerates global expansion by strategically focusing on gaming smartphones for youth markets

ZTE showcased various stylish products embodying its strategies, including nubia Neo 3 series, nubia Air, international debut of the "emotional companion" AI Pet Mochi and next-gen FWA & MBB solutions, committed to building sustainable growth drivers globally.

"Our mission is to be the tech brand that best understands lifestyles of youth by delivering diverse products meeting their needs and expressing their identity," said Ni Fei, Senior Vice President of ZTE and President of ZTE Mobile Devices. "ZTE's sustainable growth, with smartphone revenue increasing by over 30% in 2025 H1, and nubia Neo series achieving remarkable growth of over 300%, validates that our gaming-focus strategy is resonating globally."

A global youth-centric breakthrough with a strategic focus on gaming smartphones

ZTE is deeply integrating its 2C transformation into youth lifestyles, with a strategic focus on gaming, spearheaded by its innovative gaming smartphones - nubia Neo series, while simultaneously expanding its gaming ecosystem, co-creating a vibrant gaming culture through gaming IP partnerships, esports teams collaborations, and AI Virtual Companion - Demi.

nubia Neo 3 series is named the Official Co-Branded Gaming Smartphone for Garena Free Fire. Following previous successful editions featuring beloved characters Kelly, Hayato, and Moco, the newly launched nubia Neo 3 GT 5G Limited Edition celebrates another iconic character - Kapella. This special edition channels Kapella's charming persona through powerful features and deep integration with the game. It also introduces Demi, a revolutionary AI Virtual Companion that serves as Intelligent Navigator by providing comprehensive game guides, coming with a unique Demi Mouthpiece function to generate in-game communication. Its striking White Hailstone colorway presents a cybernetic warrior aesthetic.

nubia Neo 3 series provides professional-grade gaming capabilities by packing Dual Gaming Shoulder Triggers, AI Game Space 3.0, 120Hz display, large battery with Bypass Charging, Z-axis linear motors and multi-layer cooling system. nubia Neo 3 GT 5G Limited Edition will first be available in Southeast Asia in October 2025, with prices starting from $249.

While gaming smartphones form the core of its strategy, ZTE crafts products for each lifestyle, a commitment perfectly embodied by nubia Air. nubia Air redefines the "Air-style" segment by integrating a massive battery, a large display with 4500-nit brightness, top-level dust and waterproofing (IP69K, IP69 & IP68) with accessible AI capabilities into an ultra-slim body. nubia Air is engineered to set a new industry benchmark in its price segment. Global rollout began in September, with prices starting from $279.

Advancing a user-centric Full-Scenario AI Ecosystem

ZTE is advancing on-device AI applications to deliver superior interactive experiences. As a major step beyond tech-centric innovation, AI Pet Mochi enters the growing market for emotional-AI consumer electronics, demonstrating ZTE's commitment to its "AI for All" strategy and serving as a key practice within its Full-Scenario AI Ecosystem connecting person, vehicle and home.

Mochi is built to be a smarter, more proactive, and personalized "emotional companion" for everyone. With a heartwarming appearance, Mochi feels, listens and responds to users' emotions with gentle movements, sounds and haptic feedback. Its fluffy, cloud-soft texture and soulful eyes bring a vibrant personality to life. Mochi is a living example of how companionship was always meant to be this simple.

ZTE's intelligent ecosystem is built on its leadership in connectivity. As the world No.1 in 5G FWA & MBB market share for four consecutive years, ZTE continues to pioneer with its latest 5G-A and Wi-Fi 7 innovations, highlighting ZTE G5 Ultra, the world's first AI-powered 5G-A flagship CPE; ZTE G5 Max Wi-Fi, the world's first 30dBi Wi-Fi 7 mmWave CPE; and ZTE U60 Pro, the world's fastest Wi-Fi 7 5G Mobile WiFi. These advancements solidify ZTE's role in shaping a more connected and intelligent world.

MEDIA INQUIRIES:

ZTE Corporation
Communications
Email: [email protected] 

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17:26
Mainland CN Adjusts Technical Requirements for NEV Purchase Tax Reduction for 2026-27

China’s Ministry of Industry and Information Technology (MIIT) and other departments adjusted the technical requirements for new energy vehicles (NEVs) eligible for purchase tax reduction in 2026-27.

This includes stipulating that the energy consumption per 100 kilometers for passenger BEVs should not exceed the corresponding model's energy consumption limit as specified in “Electric Vehicle Energy Consumption Limits Part 1: Passenger Cars” (GB 36980.1-2025).

Also, the energy consumption limit for passenger BEVs with a maximum design total mass exceeding 3,500KG will follow the limit set for passenger BEVs with a maximum design total mass of 3,500KG in GB 36980.1-2025.

For PHEVs (including extended-range), the range should meet the conditional equivalent all-electric range of not less than 100 kilometers. The fuel consumption in the battery maintenance mode test for passenger PHEVs (excluding fuel consumption converted from electric energy) should be less than 70% for passenger cars with a curb weight below 2,510KG, and less than 75% for those with a curb weight of 2,510KG and above, compared to the fuel consumption limit specified in “Passenger Car Fuel Consumption Limits” (GB 19578-2024).

Also, the fuel consumption limit for passenger PHEVs with a maximum design total mass exceeding 3,500KG will follow the limit set for passenger cars with a maximum design total mass of 3,500KG in GB 19578-2024. There are no requirements for fuel consumption for non-gasoline/diesel passenger PHEVs.

Additionally, starting next year, models listed in the “NEV Models Directory for Purchase Tax Reduction” must meet the requirements, including: models listed in the “Tax Reduction Directory” before December 31, 2025, and meeting the technical requirements of this announcement will automatically be transferred to the first issue of the “Tax Reduction Directory” in 2026.

Models that do not meet the requirements will be removed from the “Tax Reduction Directory”. Models that do not meet this announcement's requirements and are intended to be listed in the first issue of the “Tax Reduction Directory” in 2026 should complete the application by December 12, 2025. Removed models can reapply for inclusion in the “Tax Reduction Directory”. After the publication of the “Tax Reduction Directory” effective from 2026 and onwards, NEVs listed in the directory can enjoy the vehicle purchase tax reduction policy according to regulations.
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14:02
TSMC Sales Rally 30% in 3Q, Topping Expectations

TSMC (TSM.US) logged a 30% leap in sales for the third quarter, reaching NT$989.9 billion (approximately US$32.5 billion), surpassing the analysts' average expectation of NT$962.8 billion, on the ride of the ongoing AI boom.

TSMC's revenue for September was NT$330.98 billion, down 1.4% MoM and up 31.4% YoY, setting a new high for the same period and marking the third highest in history.

Currently, American tech companies such as Nvidia (NVDA.US) and OpenAI are investing billions of US dollars to build cloud computing capabilities.

Although there are market concerns that AI investments are creating a large bubble, TSMC's latest sales data indicated that AI demand remains strong.
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12:10
G Sachs: Stock Mkt Not in Bubble Yet; Machine Learning/ AI Expected to Spawn New Wave of Superstars

The equity bull market and the continued rise in leading technology firms have led many to worry about being in a bubble, according to Goldman Sachs' research report.

History suggests that bubbles are usually driven by enthusiasm surrounding transformative technologies, attracting investors, capital and new entrants. Typical bubble characteristics include rapid asset price hike, extreme valuations and significant systemic risks triggered by increased leverage.

The median forward 24-month PE ratio for the Magnificent 7, including Apple (AAPL.US), Microsoft (MSFT.US), Alphabet (GOOGL.US), Tesla (TSLA.US), Meta (META.US), Nvidia (NVDA.US) and Amazon.com (AMZN.US), is 27x, or 26x if Tesla, which has a valuation much higher than others, is excluded, Goldman Sachs said.

Leading tech giants of the 2020s are likely to continue dominating their respective fields, but rapid innovation, especially around machine learning and AI, is expected to spawn a new wave of tech superstars, launching new products and services on the back of the current capital expenditure boom.
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12:06
Fliggy Reports Surge in Booking Among College Students During 2025 National Day Holiday as Gen Z Travelers Dominate

Average order value for holiday activities grew 14.6% year-on-year

HANGZHOU, China, Oct. 9, 2025 /PRNewswire/ -- Fliggy, a leading online travel services platform and a wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988), has unveiled insights into travel trends during the recent National Day and Mid-Autumn Festival holidays, highlighting sustained demand for richer experiences and far-flung destinations as well as growing enthusiasm for travel among college students. Data reveals 14.6% year-on-year (YoY) growth in the average order value for holiday activities, with Gen Z travelers leading the way in bookings.

This year's holiday period saw a notable trend towards multi-destination travel, with per capita bookings for transportation services – such as flights and car rentals – rising 5% YoY. Per capita bookings for hotels, packaged tours, and tickets also increased 4.6% YoY as travelers explored over 180 countries and regions, marking a significant upswing from last year.

Fliggy's AI travel assistant, AskMe, which launched in April, has quickly become a favorite among users. During the holiday period, its average daily user count surged over fivefold from its summer peak. Notably, on October 3rd, the AI audio guide feature – which offers professional on-the-go narratives via user photos of exhibits, scenic spots, and iconic landmarks – achieved its highest usage to date.

Gen Z and college students at the forefront

Fliggy's data indicates that travelers born between 1995 and 1999, commonly known as post-95s or Gen Z, emerged as the dominant demographic this season, accounting for nearly a quarter of all bookings. Additionally, the post-05s – those born after 2005 – began traveling independently, with their bookings surging 61% YoY, the fastest growth among all demographics.

College students are shifting away from a more budget-focused, special forces-style travel, which typically features intensive itineraries limited to nearby cities. Instead, they are increasingly setting their sights on further flung destinations that promise richer experiences. Fliggy's data reveals a notable 63% YoY increase in flight bookings among college students, with international journeys seeing an impressive spike of 110%. This enthusiasm contributed to a 31% rise in the average booking value compared to last year.

Emerging hotspots for travelers

Top domestic destinations included Shanghai, Beijing, Hangzhou, Guangzhou, Chengdu, Shenzhen, Chongqing, Nanjing, Wuhan, and Xi'an. Interestingly, third- and lower-tier cities in China are seeing robust growth in bookings as travelers seek a variety of experiences.

During this holiday period, new travel hotspots have made their mark. For example, Jingdezhen (Jiangxi) saw a 60% YoY increase in booking volume, while events such as the music festival in Luzhou (Sichuan) resulted in a 45% YoY rise in bookings. Long-distance travel destinations known for breathtaking scenery and tranquility – such as Zhaosu (Xinjiang), Tunchang (Hainan), Yichun (Heilongjiang), Bortala (Xinjiang), and Fushun (Liaoning) – also saw booking volumes more than double YoY.

For outbound travel, popular destinations included Japan, Hong Kong (SAR), Thailand, South Korea, Malaysia, Vietnam, France, Australia, the United States, and Indonesia. Bookings across many small- and mid-sized cities in East Asia, Southeast Asia, Australia, New Zealand, and Europe doubled, reflecting travelers' shifting preferences from traditional tourist spots to more niche locations.

The rise of experiential travel

The way people enjoy long holidays is evolving. Thanks to China's policy exempting small passenger cars from highway tolls, the number of self-driving travelers surged. Fliggy reported a striking 60% YoY increase in rental car orders during this holiday season. A notable trend is vacationers renting cars upon arrival by plane or high-speed train, making car rental outlets near airports and train stations the go-to spots for pick-up and drop-off.

This shift in travel habits is accompanied by an expanding array of leisure activities. Bookings for domestic experiences – such as show tickets, guided tours, folk culture encounters, specialty dining, and travel photography – skyrocketed by 78% YoY. For outbound destinations, bookings for adventurous activities such as diving, sea fishing, skydiving, and skiing also grew by nearly 30% YoY.

About Fliggy

Fliggy is a wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter)), and is one of the leading online travel platforms in China. Fliggy places a strong emphasis on innovation in its products and services, catering to the increasingly personalized and diversified needs of consumers in both China and overseas markets.

Leveraging Fliggy's advantage as part of the Alibaba ecosystem, merchants can benefit from the vast user base within the Group. Fliggy also collaborates with partners through a full-service management format, helping more merchants, especially small and medium-sized ones, easily and efficiently share opportunities enabled by digitalization.

Fliggy's long-term strategy is to promote the digital transformation of the tourism industry, using an open platform and mechanisms to help the industry make better use of digital business infrastructure for their operations.

Information Provided by PR Newswire [Disclaimer]
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