• LAST PRICE
    45.3600
  • TODAY'S CHANGE (%)
    Trending Up0.0300 (0.0662%)
  • Bid / Lots
    45.3600/ 2
  • Ask / Lots
    45.5000/ 12
  • Open / Previous Close
    44.6500 / 45.3300
  • Day Range
    Low 44.1100
    High 45.4500
  • 52 Week Range
    Low 31.5500
    High 58.0000
  • Volume
    3,329,615
    average

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  • Jul 7, 2024

      Show headlines and story abstract
    • 11:11PM ET on Sunday Jul 07, 2024 by Dow Jones
      Companies Mentioned: TCOM

      0311 GMT - Trip.com is likely to benefit from strong travel demand in China, Daiwa analyst John Choi says in a research note. Choi thinks China's outbound travel volume in 2Q fully recovered to 2019 levels, with the Labor Day holiday volume in May up 20% from 2019. Looking ahead, travel demand from the "silver"generation, typically referring to individuals aged 50 and above, is likely to help the company to generate more revenue in the next 1-3 years, with Choi saying the segment has been underestimated by investors. Daiwa forecasts Trip.com's 2025 revenue growth at 56%. Daiwa keeps a buy rating on the stock with a target price of HK$653.00. Shares are 0.3% higher at HK$386.20. (tracy.qu@wsj.com)
  • Jun 24, 2024

      Show headlines and story abstract
    • 11:22PM ET on Monday Jun 24, 2024 by Dow Jones
      Companies Mentioned: TCOM

      0322 GMT - Trip.com's expansion plans for its overseas online travel booking platform is expected to be a key growth driver, UOB Kay Hian analysts write in a note. Given the scalability of the website Trip.com, it helps to anchor better margins, as hotel and air ticketing bookings are expected to fully recover in 2Q, with the revenue mix shifting toward higher-margin outbound travel, they write. The expansion is expected to account for 20% of revenue within 3-5 years. Group revenue growth in 2024 is projected at 20% on year, they estimate. UOB KH retains its buy rating with a target price of HK$556. Shares are 1.0% higher at HK$381.40. (kimberley.kao@wsj.com)

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