We have been looking to buy Ctrip (CTRP), however, it's expensive, there is a weakening yuan, and then tourism seems to be slowing down:
Chow Tai Fook Jewellery Group rode Hong Kong’s luxury boom on the way up, earning the equivalent of nearly $1 billion in its best business year. The slump that followed has taken a toll. Chow Tai Fook reports results Tuesday, and analysts expect the smallest profit in six years. Fewer mainland tourists are visiting Hong Kong, spending less on luxury while there.
Chow Tai Fook May Post Second Straight Profit Decline: Chart - Bloomberg
But tomorrow they'll present quarterly figures, we'll know more then.