Guozheng International: Maintaining the "buy" rating for Ctrip Group-S (09961), with the target price raised to 571 HKD.

Guotai Junan International expects Ctrip Group's revenue to increase by 16% year-on-year in 2025.

Zhitong FinanceNov 21 20:40 ET

Barclays Maintains Trip.com(TCOM.US) With Buy Rating, Maintains Target Price $84

Moomoo NewsNov 21 05:34 ET · Ratings

BofA Securities Maintains Trip.com(TCOM.US) With Buy Rating, Raises Target Price to $77

Moomoo NewsNov 21 05:34 ET · Ratings

[Brokerage Focus] Guosen Securities maintains a "outperform the market" rating on Ctrip Group (09961), pointing out that outbound travel and hotel bookings are still important growth drivers.

Jingwu Caixun | Guosen Securities issued a research report stating that Ctrip Group (09961) achieved a third-quarter revenue of 15.87 billion yuan, +15.5% year-on-year, exceeding market expectations (+13.9% year-on-year); Non-GAAP attributable net income was 5.96 billion yuan, +21.8% year-on-year, with adjusted EBITDA of 5.68 billion yuan, +22.9% year-on-year, better than market expectations (-2.5%, +14.4% respectively). The growth rate of revenue in the peak tourism season continued to improve on a high base figure, highlighting the advantages of the leading platform; Q3 adjusted EBITDA margin increased by 2.1 percentage points year-on-year, surpassing market expectations, mainly due to

Jingwu Financial NewsNov 21 03:52 ET

Open Source Securities: The expansion of domestic demand policy optimization boosts confidence, and the OTA platform is still expected to accelerate on a quarter-on-quarter basis in Q4.

With the new expansion cycle of the underlying supply, destination service system, transportation infrastructure, online booking/traffic channels and other upstream and downstream links are building a new supply system to meet the diverse tourism consumption demands of the general public.

Zhitong FinanceNov 21 01:52 ET

Hong Kong stock concept tracking | China's tourism industry has significantly recovered. OTA platforms continue to see high performance growth (concept stock attached)

On November 12, the State Council issued a decision to amend the "National Holidays and Memorial Days Holiday Regulations", including extending the Spring Festival and May Day holidays by one day each, adjusting and modifying the general work duration to not exceed 6 days before and after statutory holidays.

Zhitong FinanceNov 20 21:35 ET