Lion: Upgraded ctrip's target price to $77 in the third quarter of China, with strong demand for travel.

Lyon released a research report stating that although the base was high in the same period last year, China's tourism demand in the third quarter of this year remains strong. During the summer vacation, domestic tourist volume increased by 8% year-on-year, while during the National Day, it increased by 6% year-on-year. Outbound tourism has also recovered to about 80% of the level in the same period of 2019, with Ctrip leading the industry. Lyon predicts that Ctrip's third-quarter revenue will increase by 13% to 15.6 billion yuan year-on-year. Adjusted EBIT is expected to increase by 17% to 5.2 billion yuan year-on-year, pointing out that despite the decline in hotel prices during the period, the average consumer spending per customer on Trip.com's platform under the group remains strong. Looking ahead to the fourth quarter, compared to

Gelonghui FinanceNov 10 22:13 ET

Investors Will Want Trip.com Group's (NASDAQ:TCOM) Growth In ROCE To Persist

Yahoo FinanceNov 10 09:25 ET

Open Source Securities: Prepare for a new round of ice and snow season, seize the potential release of ice and snow tourism/ice and snow industry.

The upcoming 2025 Harbin Asian Winter Games are expected to boost public attention and participation in ice and snow sports.

Zhitong FinanceNov 8 01:30 ET

Trump sparks a rally in the US dollar! US stocks and bitcoin hit new highs, with the Dow rising 1500 points, small cap stocks surging, while US bonds and metals plummet.

Dow rises to the best level in two years, small cap index rises nearly 6%, banking stocks rise over 10%, oil, steel, and crypto stocks surge, European and American solar stocks all collapse, Trump media technology rises by almost 35% before closing up by about 6%, Tesla rises by nearly 15% to a two-year high, Qualcomm rises by 10% after the bell. Chinese concept stocks narrow their declines, NIO Inc and Zeekr drop over 5%. 10-year US Treasury yield rises the most by 20 basis points nearing 4.48%, reaching a four-month high along with a 1.7% rise breaking 105 in the USD index, Bitcoin rises by 9% nearing $0.076 million, offshore RMB drops by a thousand points to below 7.20, a three-month low, Euro and Yen once fell by 2%. Gold drops over 3%, London copper drops over 4%.

wallstreetcnNov 6 18:18 ET

Express News | U.S.-Listed Shares of Chinese Firms Drop Premarket on Worries Over Growing U.S.-China Trade Tensions Under Trump Presidency

ReutersNov 6 04:27 ET

Trip.com (TCOM) Laps the Stock Market: Here's Why

Zacks Nov 5 17:20 ET