Government: "Resumption from September 29... Permitted Until June 30 Next Year"

With the resumption of visa-free entry for Chinese group tourists after about eight years, travel stocks are surging.


[Market Focus] Resumption of Visa-Free Entry for Chinese Group Tourists... Travel Stocks Surge View original image

As of 2:09 p.m. on August 6, Yellow Balloon Tour was trading at 7,070 won, up 1,630 won (29.96%) from the previous trading day. At the same time, other travel stocks such as Very Good Tour (up 24.40%), Modetour (up 12.28%), and Redcap Tour (up 5.22%) also showed strong gains across the board.


On this day, the government announced after a meeting of the "Tourism Revitalization Mini Policy Task Force (TF)" that it would allow visa-free entry for Chinese group tourists. The government stated, "Visa-free entry for Chinese group tourists will be permitted from September 29, 2025, to June 30, 2026," and explained, "We have decided to implement this temporary visa-free policy before China's National Day holiday (October 1-7)."



Visa-free entry for Chinese group tourists is being resumed for the first time in about eight years, after it was effectively suspended in March 2017 due to the THAAD dispute.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing