China Tourism Group Duty Free Corporation rose more than 5% in early trading. Tourists from Hong Kong, Macao, and foreign countries can enjoy 144-hour visa-free entry to Hainan.
China Tourism Group Duty Free Corporation (01880) rose 4.99% in early trading, now trading at HKD 54.75, with a turnover of HKD 63.5107 million.
Fewer Investors Than Expected Jumping On Trip.com Group Limited (NASDAQ:TCOM)
Trip.com Extends Rights Agreement to 2034
[Brokerage Focus] Zheshang Securities initiates a "buy" rating on Ctrip Group (09961), expecting overseas business growth to be significantly faster than domestic business.
Zheshang Securities released research reports, indicating that the market is concerned about the pressure on hotel and airfare prices in the transportation sector in 2024, and the entry of local life players such as Meituan and Douyin will intensify competition and have an impact on Ctrip's revenue. However, the bank believes that Ctrip has high user stickiness, strong consumer ability, deep inventory depth on the supply side, rich cross products, and high customer service investment, which puts it in a competitive advantage over other OTA platforms. In the overseas market, the outbound tourism is rapidly recovering, and Ctrip's localization service advantages of trip are obvious. In the purely overseas market, trip can attract customers by diverting traffic through transportation business and enhancing the relatively low commission rate of hotels.
AXA and Trip.com Strengthen Global Strategic Partnership With the Launch of "Trip.com Travel Smart"
Trip.com (TCOM) Stock Drops Despite Market Gains: Important Facts to Note
Ctrip: During the Olympics, the number of mainland Chinese travelers booking Paris hotel orders increased by 194% year-on-year.
According to the data released by Ctrip, as of now, the total volume of orders made by mainland Chinese tourists traveling to Paris during the Olympics (7.26-8.11) has increased by 114% YoY. The volume of hotel orders in Paris booked by mainland tourists has increased by 194% YoY, and the volume of car rental orders in France has increased by 126% YoY.
UnionPay International Expands European Network, Making Summer Travel on the Continent More Convenient for UnionPay Cardholders
Unusual Options Activity: MRVL, IONS and Others Attract Market Bets, MRVL V/OI Ratio Reaches 375.0
Trip.com Group Limited (TCOM): One of Ken Fisher's Top 10 Growth Stock Picks Now
CITIC Securities: Domestic tourism is expected to remain stable this summer, while the demand for outbound tourism continues to recover.
Domestic tourism during the summer is expected to remain stable, while demand for outbound tourism continues to recover. The resilience of leisure travel consumption demand continues to be validated.
Morgan Stanley Maintains Trip.com(TCOM.US) With Buy Rating, Cuts Target Price to $59
Express News | Trip.com Group Ltd : Morgan Stanley Cuts Target Price to $59 From $64
The Tourism Authority of Thailand has partnered with Ctrip Group (09961) for summer travel. Direct flights from the East China region to Thailand can enjoy flight discounts.
In July, the Tourism Authority of Thailand reached a cooperation agreement with the all-in-one travel service platform Ctrip Group (09961) to launch a flight discount promotion for Ctrip users.
Top Gap Ups and Downs on Monday: VZ, T, COP and More
Citi Maintains Trip.com(TCOM.US) With Buy Rating, Announces Target Price $66
Share-Price Correction for Trip.com Seems Overdone to Citi -- Market Talk
Hong Kong Shares Fall; Investors Digest PBOC Rate Cut -- Market Talk
EEO partner Huang Yuanpu calls out Liang Jianzhang, questions Ctrip's lack of price advantage and accuses them of killing off partners.
On July 20th, EqualOcean founder and partner Huang Yuanpu posted an open letter on his WeChat moments, calling out Ctrip Group Chairman Liang Jianzhang for their big data discriminatory pricing practice. Huang stated that at 11:30 AM on July 18th, he tried to book a flight on Ctrip's App from Beijing to Astana, Kazakhstan on July 22nd. At 7 AM that same day, the ticket price for the Air China flight was displayed as RMB 3868. After clicking to place the order, during the "Fill in Information" process, when clicking the "Next" button, the ticket was suddenly listed as "Sold Out", and then the price refreshed to RMB 4408. However, the same ticket was still available on Air China's official website for RMB 3868.
Trip.com (TCOM) Increases Despite Market Slip: Here's What You Need to Know