Author：Doug Young
It’s been a roller coaster ride this year for amusement park operator Golden Heaven Group Holdings Ltd. (GDHG.US), whose slow start as China emerged from three years of pandemic isolation has rapidly accelerated with improving performance and plans for a major expansion.
Golden Heaven’s stock has more than tripled since early September, as China’s leisure and travel sector bounces back sharply following the end of most of country’s strict Covid restrictions late last year. Unlike many of its peers, Golden Heaven managed to stay profitable in the pandemic’s last two years, largely due to its status as operator of smaller, regional amusement parks that derive much of their revenue from nearby customers.
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