TCOM241220C41000
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Trip.com Newsroom
Bernstein Maintains Trip.com(TCOM.US) With Buy Rating, Maintains Target Price $85
Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.
Express News | Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
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Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.
Top Names With Growth at a Reasonable Price According to GARP
Is the winter cultural tourism gradually improving? The "ice and snow +" consumer spending and industrial business are thriving.
① The "Ice and Snow +" cultural tourism activities in the northeast are abundant, with Harbin Ice and Snow World expanding to 1 million square meters. It is expected that this year's ice and snow tourism will surpass last year's popularity. ③ The cultural tourism industry in the southern winter is also bustling, with Shennongjia Ski Resort, sichuan ice and snow tourism projects, and others attracting tourists, while guangdong's "Conghua Hot Springs" ranks first in popularity increase.
China Will Adopt a "Moderately Accommodative" Monetary Policy in the Next Year, The First Shift to Easing Since 2011
Hong Kong stocks are moving | Consumer stocks surged in the afternoon, with Helen's (09869) rising more than 10% and jiumaojiu (09922) up more than 7%.
Dining and other csi consumer 360 index stocks surged in the final hours. As of the time of writing, Helen's (09869) rose by 10.2% to 2.81 HKD; jiumaojiu (09922) increased by 7.71% to 3.77 HKD; and Trip.com Group-S (09961) rose by 5.72% to 573 HKD.
Express News | China Signals Major Policy Shift: Hang Seng and Chinese Stocks Rally on Easing Measures
Goldman Sachs Maintains Trip.com(TCOM.US) With Buy Rating, Raises Target Price to $83
Is Trip.com Group Limited's (NASDAQ:TCOM) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Major rating ｜ Daiwa Capital Markets: Prefer stocks that benefit from domestic demand or policy support, including Meituan, Mengniu, Tencent, and Trip.com in the 'buy' list.
Dahua Jixian's report pointed out that looking ahead, the bank expects that with Trump returning to the White House, the tension between China and the US may escalate, and Trump's inclination to increase tariffs may bring unfavorable factors. Therefore, the bank prefers stocks related to domestic demand or benefiting from policies, and has included Meituan, Mengniu, Tencent, and Ctrip in the "buy" list. Regarding Meituan, the bank is bullish on the continuous expansion of its food delivery business market share, the increase in penetration rate of its fresh e-commerce business, and the synergistic effects with core business and new measures; with a target price of 222 Hong Kong dollars. As for Mengniu, the bank believes that the balance between supply and demand of raw milk will be achieved by the mid-2025, and the status of channel inventory
Ctrip Group-S rose 3% in early trading, with institutions indicating stable revenue growth despite a high base.
Ctrip Group-S (09961) rose 3% in early trading, now at 532 Hong Kong dollars, with a turnover of 0.353 billion Hong Kong dollars. gtja's research report stated that Ctrip's third-quarter revenue met expectations, with growth in hotel, transportation, and business revenue all at the upper limit of guidance, but group tour business revenue growth was lower than expected. Considering the high base from the same period last year, the performance of transportation ticketing and hotel bookings during the period indicates that tourism and service demand remain strong. The bank stated that Ctrip's third-quarter performance exceeded expectations, with stable revenue growth under a high base, and ideal cost control.
Hong Kong stocks unusual movement | Ctrip Group-S (09961) rose by over 3% again, the company's third-quarter performance exceeded expectations. Institutions pointed out that under the high base, income growth remains stable.
Ctrip Group-S (09961) rose more than 3% again, accumulating over 11% post-performance. As of the deadline, it rose by 3.1%, reaching 532.5 Hong Kong dollars, with a turnover of 0.272 billion Hong Kong dollars.
The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.