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Tag: bookings
ASML shares surge after strong bookings
MILAN (Reuters) – ASML shares rose sharply in early Frankfurt trading on Wednesday following strong quarterly bookings.
The biggest supplier of computer chip-making equipment posted much better than expected fourth-quarter bookings of 7.08 billion euros, on strong demand for its most advanced tools.
The shares, which have been hit by the DeepSeek rout this week, were up 8.7% in Frankfurt.
“The strong Q4 booking and backlog will dispel some of the bearish concerns regarding 2025 itself, though concerns on the 2026 growth are likely to persist,” Jefferies said in a note.
(Reporting by Danilo Masoni; Editing by Amanda Cooper)
ASML shares surge after strong bookingsASML Holding NV, a Dutch company that specializes in manufacturing semiconductor equipment, saw its shares surge after reporting strong bookings for its products.
The company announced that it had received a record number of orders for its lithography machines, which are used in the production of advanced computer chips. This strong demand from customers in the semiconductor industry has driven ASML’s stock price up by over 5% in a single day.
Investors are optimistic about the company’s future prospects, as the semiconductor market continues to grow and demand for ASML’s cutting-edge technology remains high. Analysts are also bullish on ASML, with many raising their price targets for the stock.
Overall, ASML’s strong bookings indicate a positive outlook for the company and its shareholders, as it continues to be a key player in the semiconductor industry.
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ASML stock price, ASML news, ASML stock surge, ASML bookings, ASML financial news, ASML market performance, ASML earnings, ASML stock analysis, ASML investment opportunity
#ASML #shares #surge #strong #bookingsLocal guides struggle to earn due to low tour bookings, union rejects hiring foreign workers as solution
31st December 2024 – (Hong Kong) The Hong Kong government has recently released the “Development Blueprint for Hong Kong’s Tourism Industry 2.0,” outlining ambitious plans to enhance the tourism sector. The blueprint aims to increase the industry’s value added to HK$120 billion by 2029, up from HK$75.3 billion in 2023. It also anticipates a rise in employment within the industry, projecting 210,000 jobs by 2029 compared to the current 145,600.
Sara Leung Fong-yuen, chairwoman of the Federation of Hong Kong Trade Unions in Tourism, has expressed optimism about the initiative, particularly the introduction of a tour guide bridging programme by the Travel Industry Authority. She believes this approach will help address the shortage of local guides. However, Leung cautioned that hiring foreign workers to fill these roles may not be the best solution, given the current challenges in the industry, including insufficient trip bookings that hinder earnings.
In a recent radio interview, Leung highlighted that the core issue facing local guides is not the lack of licensed professionals, but rather the reduced number of tours available, which has led many experienced guides to seek alternative careers. She noted that employing foreign guides could exacerbate the problem, as they may lack familiarity with local culture and customs.
The blueprint outlines four key strategies aimed at revitalising the tourism industry, including diversifying visitor source markets and focusing on attracting high-value overnight guests. Additionally, it promotes smart tourism and aims to enhance overall service quality within the sector.
Rosanna Law, the secretary for culture, sports and tourism, emphasised the importance of community involvement in supporting the tourism industry. She urged Hong Kong residents to embrace the mindset of “everyone is a tourism ambassador,” encouraging a warm and welcoming attitude towards visitors.
Local guides in [insert city or region] are facing a tough challenge as they struggle to earn a living due to low tour bookings. With the tourism industry experiencing a significant downturn, many guides are finding it difficult to secure enough work to support themselves and their families.In an effort to address this issue, some have suggested hiring foreign workers to fill the gap in tour bookings. However, the local guides union has rejected this proposal, arguing that it would only exacerbate the problem for local guides who are already struggling to make ends meet.
The union believes that the focus should be on supporting and promoting local guides, rather than outsourcing work to foreign workers. They argue that by investing in training and development programs for local guides, the industry can be revitalized and local guides can have a better chance at earning a sustainable income.
As the debate continues, it is clear that finding a solution to the challenges facing local guides will require collaboration and cooperation between all stakeholders in the tourism industry. Only by working together can we ensure that local guides have the support they need to thrive in a competitive and challenging environment.
Tags:
- Local guides
- Tour bookings
- Union rejection
- Foreign workers
- Tourism industry
- Local economy
- Job opportunities
- Economic impact
- Travel industry
- Labor market
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