Express News | Enhancing inbound tourism, Ctrip has launched a "Free Half-Day Tour of Peking" project.
Express News | Ctrip has introduced a 3-day paid leave for accompanying children.
Bernstein Maintains Trip.com(TCOM.US) With Buy Rating, Maintains Target Price $85
Morgan Stanley Downgrades Trip.com(TCOM.US) to Hold Rating, Raises Target Price to $81
China International Capital Corporation's outlook for the 2025 Spring Festival travel period and tourism: steady growth.
Longer holidays allow everyone to return home and go on vacation at the same time, whether the travel demands are domestic or cross-border, both are quite strong.
Travel Council: The number of tour groups going overseas for Lunar New Year is not very ideal.
The Chairman of the Travel Industry Council, Tam Kwong-shun, stated confidence in the number of inbound travel groups visiting Hong Kong during the Lunar New Year period, but expressed some concerns regarding the market for outbound travel groups. He revealed that the current number of group bookings is not ideal, estimating that this is due to the close proximity of Christmas and the Lunar New Year, many citizens being capable of booking flights and hotels themselves, and the long-haul aviation capacity still not having recovered. Tam Kwong-shun disclosed that the Council will promote multiple goals in the future, including continuing to unite the industry, advancing the professionalization of the industry, utilizing technology to assist in the industry's transformation, and creating modern tourism products, among others. He also indicated an optimistic attitude towards the tourism industry this year, while praising the newly appointed Minister of Culture and Sports.
U.S. stocks are moving丨Trip.com rose 1% before the market, being Bullish from multiple Institutions.
On January 8, Glonghui reported that Trip.com (TCOM.US) rose 1% before the market opened, reaching $65.65. Daiwa released a Research Report stating that Trip.com’s overseas platform has been steadily increasing its market share since 2024, and it is expected that China's latest visa-free policy will continue to bring inbound tourism opportunities for the company. It is currently predicted that by 2025, Trip.com’s inbound tourism revenue will double, accounting for about 28% of Trip.com’s income and approximately 4% of the group’s overall revenue. It is believed that the development of inbound tourism can become a strong catalyst. In addition, Citigroup published a report on the Internet Plus-Related industry in the Asia-Pacific region, estimating the valuation of China's Internet Sector.
Major Bank Rating丨Morgan Stanley: Chinese Network Technology stocks may face internal and external uncertainties this year, with Tencent as the top pick.
Gelonghui, January 8 | Morgan Stanley published this year's outlook report on Chinese Network Technology stocks, indicating that the Industry may face external (tariffs, sanctions) and internal (policy, competition) uncertainties this year. The bank expects Network Technology companies to expand in AI, overseas Business expansion, and focus on capital returns. According to the segmented market, the Bullish priorities are Social Media/Gaming (Tencent), followed by Online Travel Platforms (OTA), then Local Services, fourth is Gaming (excluding Tencent), fifth is Social Media/Entertainment (excluding Tencent), sixth is Verticals, seventh is E-commerce, and lastly Direct.
Morgan Stanley's investment rating and target price for Chinese Network Technology stocks (table)
Morgan Stanley released a report stating that it has updated the investment ratings and Target Prices for Chinese Network Technology stocks: Stock │ Investment Rating │ Target Price Tencent (00700.HK) │ Shareholding │ HKD 570 Trip.com (TCOM.US) │ Shareholding │ USD 81 MEITUAN-W (03690.HK) │ Shareholding │ HKD 200 TONGCHENGTRAVEL (00780.HK) │ Shareholding │ HKD 25 NetEase (NTES.US) │ Shareholding │ USD 108 Full Truck (YMM.US) │ Shareholding │ USD 10 New Oriental (EDU.US) │ Shareholding │ USD 83 PDD Holdings
Express News | Daiwa: Will raise the Target Price for Trip.com to HKD 780.
Major banks rating丨Daiwa: Raised Ctrip's Target Price to HKD 780, the development of inbound tourism Business can become a strong catalyst.
Daiwa has published a research report indicating that Trip.com, the overseas platform of Ctrip, has been steadily increasing its market share since 2024. It is expected that China's latest visa-free policy will continue to create inbound tourism opportunities for the company. Currently, it is predicted that Ctrip's inbound tourism revenue will double by 2025, accounting for approximately 28% of Trip.com's revenue and about 4% of the group's overall revenue. It is believed that the development of the inbound tourism Business could become a strong catalyst. Daiwa continues to list Ctrip as one of its preferred stocks and has raised its revenue and earnings per share forecasts for 2025 to 2026 by 0.2% to 1.2% to reflect the contribution of inbound tourism revenue.
Trip.com (TCOM) Stock Moves -0.52%: What You Should Know
300 billion Ctrip wants to regain control.
Make a move.
Citi's investment ratings and target prices for Chinese Network Technology stocks (table).
Citigroup published a research report, listing the investment ratings and Target Prices for Chinese Network Technology stocks as follows: Stock | Investment Rating | Target Price (HKD) Alibaba-W (09988.HK) | Buy | 132 HKD MEITUAN-W (03690.HK) | Buy | 203 HKD TENCENT (00700.HK) | Buy | 573 HKD TONGCHENGTRAVEL (00780.HK) | Buy | 21 HKD ------------------------------------------------- Alibaba (BABA.US) | Buy | 1.
According to Citigroup in the report "The Big Names", the top picks for Chinese internet stocks in the first half of the year are Tencent (00700.HK), Trip.com (TCOM.US), Meituan (03690.HK), and JD.com (JD.US).
Citibank released a report on the Internet Industry in the Asia-Pacific region, revealing that last year, the Global Internet Sector displayed varied stock performance. Indian Internet stocks outperformed with a growth of 73.7%, Southeast Asia saw a rise of 35.3%, Japan increased by 35%, and the USA rose by 33.8%. Meanwhile, the Internet sectors in China and South Korea lagged behind, with increases of 15.6% and a decline of 11.4%, respectively. Geopolitical tensions, along with changes in tariffs and regulatory policies, may continue to affect cross-regional investor sentiment and portfolio allocation. The bank indicated that the valuation of the Chinese Internet sector is reasonable and growth quality is continuously improving, but it still believes it should be aligned with domestic macroeconomic and consumer recovery progress.
Express News | Galaxy Securities: With the increase in holiday days and the relaxation of visa-free entry, pay attention to the OTA and scenic spots sector for the Spring Festival peak season market.
After the USD dropped over 1%, it rebounded, and Trump denied the report of "tariff reduction."
Reports indicate that a tariff plan studied by Trump’s aides will target all countries but only cover key imported commodities, yet Trump denied on Social Media that the tariff policy would be reduced.
Express News | Trump: Reports regarding the imposition of general tariffs on key imported Commodities are inaccurate.
Trip.com Group Limited's (NASDAQ:TCOM) Stock Been Rising: Are Strong Financials Guiding The Market?
Henan's finance plans to issue 0.2 billion yuan in New Year consumption vouchers.
The Henan Provincial Government Press Office held a news conference on the policy measures to promote the "Opening Red" for the first quarter of the economy in 2025. The Henan Provincial Department of Commerce will focus on effectively boosting consumption, with three key initiatives in the first quarter: replacing old consumer goods with new ones, issuing new Spring consumption vouchers, and creating consumption scenarios. In key areas such as retail, Dining, cultural tourism, and Lodging, the provincial finance will issue 0.2 billion yuan of consumption vouchers, while also encouraging localities to follow suit in issuing consumption vouchers.