Japan tourism stocks rally ahead of China's Lunar New Year break

Department stores, hotels expected to see surge of spending by Chinese visitors

20250127N Daimaru Osaka duty free

The duty-free counter at Daimaru's Shinsaibashi store in Osaka has been busier ahead of the Lunar New Year holidays. (Photo by Katsuyuki Tanimoto)

HIROKI MASUDA

TOKYO -- The stocks of Japanese companies poised to benefit from the rush of Chinese tourists visiting during the Lunar New Year holiday have rallied in Tokyo, even as the rest of the Nikkei Stock Average remained lackluster.

The Nikkei 225 Domestic Exposure 50 Index, which tracks 50 companies reliant on consumption in Japan, rose nearly 1.7% on Monday. In contrast, the export-heavy Nikkei 225 Global Exposure 50 Index barely moved.

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