Understanding the Market | Trip.com Group-S Rises Over 3% as Institutions Remain Optimistic About Continued Growth in the Golden Week Travel Market
Trip.com Group-S rose over 3%, as of the time of writing, up 3.66%, priced at HKD 595, with a transaction volume of HKD 805 million. On the news front, the State Council Information Office held a press conference on September 17 regarding policies and measures to expand service consumption. In addition, with the Mid-Autumn Festival and National Day holidays approaching, the tourism market continues to heat up, and related products are entering a peak booking period. HUAXI Securities pointed out that the National Day and Mid-Autumn Festival holiday is entering a booking peak, and the Golden Week tourism market is expected to continue to grow. Caitong Securities recently stated in a research report that the company, as a leader in the domestic OTA industry, has established deep competitive barriers in supply chain, user mindset, and global resource integration. The recovery of the domestic tourism market provides stable support for the company's domestic business growth, while inbound and outbound international business has become the core driving force for medium to long-term performance growth
According to Zhitong Finance APP, Trip.com Group-S (09961) rose over 3%, up 3.66% as of the time of writing, priced at HKD 595, with a transaction volume of HKD 805 million.
On the news front, the State Council Information Office held a press conference on September 17 regarding policies and measures to expand service consumption. In addition, with the Mid-Autumn Festival and National Day holidays approaching, the tourism market continues to heat up, and related products are entering a peak booking period. HUAXI Securities pointed out that the National Day and Mid-Autumn Festival holidays are entering a booking peak, and the Golden Week tourism market is expected to continue to grow. Recently, a research report from Caitong Securities stated that the company, as a leader in the domestic OTA industry, has established deep competitive barriers in supply chain, user mindset, and global resource integration. The recovery of the domestic tourism market provides stable support for the company's domestic business growth, while inbound and outbound international business has become the core driving force for medium- to long-term performance growth
