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Trip.com Newsroom
U.S. stock movement | Trip.com (TCOM.US) rises over 3% as China increases public holidays in 2025, the company may benefit.
On Friday, Trip.com (TCOM.US) rose by over 3%, closing at $67.14.
Trip.com Shares Are Trading Higher After Citigroup Raised Its Price Target on the Stock From $73 to $78.
Trip.com Group Analyst Ratings
Today's Analyst Rating | ServiceNow Price Target Raised to $1210 by RBC Capital, Goldman Sachs Price Target Raised to $623 by Evercore
Jan 3, Wall Street analysts have updated their stock ratings today including $ServiceNow(NOW.US)$ and $Goldman Sachs(GS.US)$.
Citi Maintains Trip.com(TCOM.US) With Buy Rating, Raises Target Price to $78
U.S. stocks movement | Trip.com rose over 2% before the market opened after Citigroup raised the Target Price and initiated a 90-day positive catalyst observation.
On January 3, Gelonghui reported that Trip.com (TCOM.US) rose 2.24% before the market opened, reaching $66.22. Trip.com will announce its earnings report at the end of February. Citi's research reports suggest that Trip.com's earnings report for the last quarter is expected to generally meet expectations, with adjusted earnings slightly exceeding market expectations. As for 2025, the bank believes that the growth momentum in the domestic, outbound, and international markets is strong, especially in the first quarter of 2025, due to a lower comparable base for outbound travel and the Lunar New Year holiday being extended because of the weekend and annual leave combined. Therefore, the bank is paying attention to potential positive commentary regarding its performance in the first quarter of 2025 during the upcoming earnings report period, and
Daiwa Capital Markets has included JD.com (02618.HK), MINISO (MNSO.US), and Contemporary Amperex Technology (300750.SZ) in the "Buy" list.
The research report from Dahua Jixian indicates that market volatility is expected to be higher this year. There is uncertainty regarding whether USA President Trump will immediately impose tariffs on mainland goods starting January 20 when he is officially inaugurated, or whether he will impose a tariff of 60%. The firm has included Contemporary Amperex Technology (300750.SZ), JD.com Logistics (02618.HK), MINISO (MNSO.US), and PLOVER BAY TECH (01523.HK) on its 'Buy' list, as these companies are less affected by tariffs. At the same time, the firm has included Weimeng (02013.HK) on its 'Sell' list, with a rating in relation to SINOPHARM (010.
Citigroup raised the Target Price for Ctrip (TCOM.US) to $78, initiating a 90-day observation of positive catalysts.
Ctrip-S (09961.HK) (TCOM.US) will announce its last quarter performance at the end of February. Citibank released a research report estimating that Ctrip's last quarter performance will generally meet expectations, with adjusted profits slightly exceeding market expectations. As the industry's average daily hotel rates declined year-on-year as expected in the last quarter of last year, it is predicted that domestic revenue growth will remain in the low double digits, while the significant trend in outbound tourism and Trip.com is also expected to continue. Although maintaining a generally accepted accounting principles (GAAP) operating profit margin of around 21.5% for the fourth quarter of 2024 is constrained, Trip.com’s marketing expenses cannot be ruled out.
Express News | Citi: Ctrip may benefit from favorable factors in 2025.
Trip.com Likely to Benefit From Tailwinds in 2025 -- Market Talk
Express News | Citi: Raises the Target Price for Trip.com from $73.00 to $78.00.
Express News | U.S. stock market night session: Chinese concept stocks surged, with Kingsoft Cloud rising over 8%.
Daily Bull and Bear | The Hong Kong Index night futures closed at 20,087 points, with the latest bull-bear street position ratio at 63:37; Semiconductor Manufacturing International Corporation fell by nearly 3%, and one bear certificate rose by 50% at its
As of market close, the total market turnover was 74.521 billion Hong Kong dollars, with a total turnover of all warrants and callable bull/bear contracts reaching 4.848 billion Hong Kong dollars, accounting for 6.5% of the total market turnover. Among these, long positions accounted for 4.0%, while short positions accounted for 2.5%, and the net Inflow of funds in warrants was 28.7297 million Hong Kong dollars.
Ctrip data: The volume of New Year's Eve hotel bookings in mainland China increased by over 150% week on week.
According to the Ctrip New Year's summary report, on the evening of December 31, 2024, hotel bookings in mainland China increased by over 150% week on week, with hotels tagged with hot springs and audio-visual rooms seeing an increase of over 50%. The proportion of New Year's Eve hotel orders from those born in the '90s and '00s accounted for nearly 60%. The report also shows that from December 31 to January 1, the overall inbound tourism order volume doubled year-on-year, with inbound tourism orders from South Korea and Japan, two neighboring countries, increasing by 215% and 145% respectively year-on-year. Ctrip Research Institute believes that for travelers from Japan and South Korea, the expenses for transportation are significantly lower compared to those for Europe and the United States.
Hong Kong Stock Concept Tracking | The order volume for inbound travel has doubled during the New Year! The long-term investment value of the OTA Industry Chain is highlighted (with related stocks attached).
With the increased convenience of the visa-free entry policy, spending New Year's Eve in China has become a choice for many foreign tourists.
Express News | Institutions: The booking volume of domestic hotels during the New Year's Day holiday increased by over 150% compared to last week.
Why the Market Dipped But Trip.com (TCOM) Gained Today
Express News | Ctrip: The number of travel Orders from foreign tourists to China during the Spring Festival in 2025 increased by 203% year-on-year.
The most outstanding Hang Seng Index constituent stocks in 2024 are: Xiaomi, Hongqiao, Ctrip, Meituan, and Geely.
Gelonghui, December 31 | The Hong Kong Hang Seng Index rose 17.67% in 2024, maintaining at 0.02 million points. Among the constituent stocks, the top five stocks with the largest gains in 2024 were XIAOMI-W (121.15%), CHINAHONGQIAO (113.43%), TRIP.COM-S (94.52%), MEITUAN-W (85.23%), and Geely Autos (77.22%). The top five stocks with the largest declines in 2024 were BUD APAC (-47.28%), WUXI BIO (-40.67%), CHOW TAI FOOK (-39.48%), HANG LUNG PPT (-38.68%), and Li Auto.
Bullish news is here! The central bank and the securities regulatory commission jointly announced that the second swap convenience will be operated starting today, with an expected operation amount of no less than 50 billion yuan.
It is understood that 20 securities and Fund companies participated in the first operation, and the second operation will add more securities and Fund companies as well as five leading Insurance Institutions, with an expected second operation volume of no less than 50 billion yuan.