TCOM241220C44000
- 28.63
- +0.54+1.92%
Trip.com Newsroom
The "Regulations on the Reporting of Tax-related Information by Internet Platform Enterprises" is open to public opinion.
The tax authorities will keep the obtained tax-related information confidential according to the law, establish a data security management system for tax-related information in accordance with relevant regulations, and ensure data security.
The concerns regarding Ctrip still exist for 300 billion.
The competition is fierce.
Market quick glance | The three major Indices showed mixed results, with the tech index slightly rising, Xiaomi and Tencent increasing nearly 3%; Semiconductors stocks were strong, with Semiconductor Manufacturing International Corporation rising over 8%;
Network Technology stocks performed poorly, KUAISHOU-W fell by 5.42%, Alibaba-W dropped by 3.44%; most Coal Industrial Concept stocks declined, SOUTHGOBI fell by 12.02%, China Coal Energy dropped by 6.37%; many Hong Kong Retail Stocks fell, PRADA decreased by 3.80%, BOSSINI INT'L dropped by 3.48%;
Daiwa's investment rating and Target Price for Network Technology (table).
Daiwa has released a research report, listing the investment ratings and target prices for Network Technology stocks as follows: Stock | Investment Rating | Target Price (HKD) Alibaba-W (09988.HK) | Buy | 140 HKD Baidu-SW (09888.HK) | Buy | 115 HKD Bilibili-W (09626.HK) | Buy | 225 HKD Full Truck Alliance (YMM.US) | Buy | 12 USD JD.com-SW (09618.HK) | Buy | 200 HKD KE Holdings-W (02423.HK) | Buy | 76 HKD
Daihang reported that Daiwa has reaffirmed a positive view on China's Internet Industry, with their top picks being Ctrip (TCOM.US), Tencent (00700.HK), Meituan (03690.HK), PDD Holdings (PDD.US), and Donghai (SE.US).
Daiwa published a research report indicating that the outlook for China's Internet Industry is bright but needs to remain flexible. The firm pointed out that overseas expansion is still the main growth driver, and increasing domestic Consumer stimulus measures will become a key focus in 2025. The firm expressed hope for some potentially significant events, including DiDi Global Inc's listing in Hong Kong, KE Holdings' dual Main Board listing, and merger opportunities. The firm reaffirmed its positive view of the Industry, with top picks including Trip.com (TCOM.US), Tencent (00700.HK), MEITUAN-W (03690.HK), PDD Holdings (PDD.US), and Full Truck Alliance (YMM.
As the Spring Festival holiday approaches, the tourism Industry is expected to pick up, and these Concept stocks are frequently being investigated.
The Spring Festival holiday is from January 28 to February 4, 2025, totaling 8 days.
The Dow barely ended its longest continuous decline in 50 years, Micron fell by 16%, the US dollar reached a two-year high again, and US bonds, oil, and Bitcoin all dropped.
U.S. stock market's other Indexes turned down towards the end, Tesla rose by nearly 4% before closing down, NVIDIA reached a high of 4%, and Micron Technology had its steepest decline in five years. The yield on the 10-year U.S. Treasury bonds briefly increased by nearly 10 basis points approaching 4.60%, close to a seven-month high, while short-term bond yields fell, with the 2/10-year yield spread at its widest in two and a half years. The Bank of England held rates steady, but more officials supported a rate cut, leading to a decline in the British Pound. The Governor of the Bank of Japan suppressed interest rate hike expectations, causing the yen to fall towards 158, and the offshore renminbi briefly dropped below 7.32 yuan to its lowest in 15 months. Bitcoin fell by 5%, approaching $0.096 million. Spot Gold rose by 1.6% before narrowing back below $2,600, while the futures silver fell by 5%, and U.S. crude oil fell below $70.
Express News | Qunar: Reservations for overseas travel during the Spring Festival 2025 have gradually reached their peak.
Where to go: During the Spring Festival, the number of outbound travel destinations increased by 157, and air ticket prices fell by 12% year-on-year.
The mainland travel platform Qunar has released the latest data showing that bookings for outbound travel during the Spring Festival next year have already peaked in advance. As of yesterday (the 18th), during next year's Spring Festival, the number of international flight and hotel bookings has increased by more than 100% compared to last year, with 157 more destination cities booked by travelers compared to 2024. So far, the prices of outbound Spring Festival flight tickets have decreased by 12% year-on-year. Among popular destinations, prices for flights to Hanoi, Vietnam; Jakarta, Indonesia; Tokyo, Japan; Male, Maldives; Cairo, Egypt; Ho Chi Minh City, Vietnam; and Bangkok, Thailand have decreased by 20%.
Trip.com Group Unites Partners to Drive Growth and Explore New Opportunities at the 2024 Global Partner Summit
U.S. stock market close | The Federal Reserve takes a hawkish stance, three major Indexes drop together, with the Nasdaq down over 3%; Tesla falls over 8%, leading the decline among Technology giants, while Quantum Computing concept stock, Quantum, soars
The Dow Jones experienced ten consecutive declines, marking the longest streak of losses since 1974. The S&P fell nearly 3%, and the Nasdaq dropped over 3%. Tesla led the tech giants down with a decline of over 8%. The chip index fell nearly 4%, with Broadcom dropping nearly 7%, and NVIDIA initially rose nearly 5% during the day before turning negative. Micron Technology, which provided disappointing guidance for this fiscal quarter, fell over 10% in after-hours trading.
Shares of Companies Within the Broader Consumer Discretionary Sector Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points.
4 Travel Stocks to Buy Before the New Year's Rush
Ctrip CEO Sun Jie: The next 3 to 5 years will be a golden era for the tourism industry.
According to Pengpai, "The next 3 to 5 years will be a Golden age for the tourism Industry." On December 18, Sun Jie, CEO of Trip.com Group, stated at the 2024 Trip.com Group Global Partners Summit, "Because we have introduced many policies that are Bullish for tourism. The inbound policy is Bullish for our tourism Industry, and the country has also implemented significant support policies."
Express News | Liang Jianzhang: Trip.com is actively exploring a more flexible four-day work system.
Ctrip Group (09961) rebounded nearly 3% as China's transit visa-free policy was relaxed and optimized, extending the stay duration to 240 hours.
Jinwu Financial News | Trip.com Group (09961) stock price rebounded, as of the time of publication, it rose by 2.76%, reported at 576.5 Hong Kong dollars, with a transaction amount of 0.307 billion Hong Kong dollars. China's transit visa exemption policy has been relaxed and optimized, with the duration extended to 240 hours, and 21 additional applicable ports added. Half an hour after the announcement, the search popularity for Chinese related destinations on Trip.com's overseas platforms in Europe, the Americas, and the Asia-Pacific region increased by 85%, 163%, and 116% respectively. In particular, France, Canada, and Russia ranked as the top three in terms of search popularity increase.
China has further relaxed its transit visa exemption policy, bringing bullish prospects for in-depth inbound tourism.
According to Peking Business Daily on December 17, Guolonghui, the stay duration for foreign travelers with visa-free transit is extended from the original 72 hours and 144 hours to 240 hours (10 days), with 21 new visa-free transit ports added, further expanding the stay activity area...
In 2024, Hong Kong stocks: The Hang Seng Index reached a new high in nearly four years, and the net Inflow of southbound funds exceeded 700 billion.
① How does the overall trend of the Hong Kong stock market perform in 2024? ② What role does southbound capital play in the Hong Kong stock market in 2024? ③ What is the perspective of Institutions for 2025?
On the Qunar platform: This year's ticket booking volume for foreign travelers has nearly doubled compared to last year.
Starting from December 17, the transit visa exemption policy will be fully relaxed and optimized, extending the stay duration for exempt foreign nationals in the country from the original 72 hours and 144 hours to 240 hours.
Express News | Inbound tourism has entered a new phase of dual-provincial travel.