Chi Travel HK expects 2-digit growth in 2002

China Travel International Investment Hong Kong Limited (0308) (CTIIHKL) Managing Director Shen Zhuying said that he was confident CTIIHKL will keep growing by two-digit in revenue starting from next year and the dividend to be declared will be at 40-50% of the profit. He said the company will speed up establishment of branch agencies in mainland China in the coming two years in an effort to achieve its goal of setting up agency branches in ten major mainland China cities. The company also intends to open two more branches in Hong Kong in the second half of the year, by then the number of branches in Hong Kong will be 41.

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