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[Brokerage Focus] Huaan Securities maintains a "buy" rating on Ctrip Group (09961) and indicates that its second-quarter performance is overall better than expected.
Jingu Finance News | Huaan Securities issued a research report, Ctrip Group (09961) recorded second quarter revenue of 12.788 billion yuan (+13.56% year-on-year, +7.28% quarter-on-quarter), slightly higher than the consensus expectation of 0.30%; operating profit recorded 3.555 billion yuan (+19.42% year-on-year), higher than the consensus expectation of 2.18%; GAAP net income recorded 3.888 billion yuan (compared to 0.648 billion yuan in the same period last year), significantly higher than the consensus expectation of 27.4%; Non-GAAP net income recorded 4.985 billion yuan (+45.2% year-on-year), significantly higher than the consensus expectation of 3.
Journey Towards Sustainability: Trip.com Group Highlights ESG Progress & Key Actions in Latest Report
Trip.com Target Price Raised to HK$530.00 From HK$522.00 by China Galaxy International
CFRA Maintains Trip.com(TCOM.US) With Buy Rating, Maintains Target Price $66
[Featured Expert] Guo Jiayao: Blue chip performance has not further driven the market to improve, and the index has encountered significant resistance at the 18,000 point level.
Golden Finance News | U.S. stocks fell back on Wednesday as investors awaited technology company earnings news. The market was cautious and all three major indexes closed lower. The U.S. dollar stabilized, and the yield on the 10-year Treasury bond rose to 3.83 basis points. Gold prices remained at a high level, while oil prices fell back and forth. Hong Kong stocks are expected to open lower due to individual developments in pre-Trading securities. Mainland China's stock market fell yesterday, with the Shanghai Composite Index opening higher and closing lower with a 0.4% decline. The turnover of Shanghai and Shenzhen stock markets further declined. Hong Kong stocks followed the decline in the mainland stock market, and the RMB weakened, affecting market sentiment. The market closed lower with fluctuation, and overall trading remained light. The performance of blue-chip stocks did not improve.
Trip.com Upgraded at CFRA on Strong Travel Recovery
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