China and Singapore’s mutual 30-day visa exemption is going to start in early 2024. This new arrangement will boost travel between the two countries. Airline companies concept stocks $SINGAPORE AIRLINES LTD(C6L.SI)$ and $SATS LTD.(S58.SI)$, Resort concept stocks $Genting Sing(G13.SI)$ and $Straco(S85.SI)$, and commercial property stocks $CapLand IntCom T(C38U.SI)$ are bound to benefit from this visa-free policy. Stocks in food and beverages industry such as $Jumbo Group (42R)$ and bank stocks $DBS(D05)$, $OCBC(O39)$ and $UOB(U11)$ will surely benefit from more tourists from China.
Which S'pore Stocks Would Benefit From Visa-Free Travel?
Singapore and China are working on a mutual 30-day visa exemption, expected to start in early 2024.
If more Chinese tourists come to Singapore, which Singapore stocks would benefit from increasing travel demand?
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