Summary: Thailand’s Airports of Thailand (AOT) has experienced a significant stock drop, with shares halving in 2025. This decline is attributed to a decrease in Chinese tourist arrivals, driven by safety concerns following a viral kidnapping incident. The slump in Chinese tourism has negatively impacted duty-free sales, a major source of revenue for AOT, and led to a 13% decline in net income in the March quarter.

Link: https://www.straitstimes.com/business/companies-markets/thai-airport-firm-sees-worst-stock-drop-in-asia-as-post-covid-tourist-flood-turns-into-trickle