TCOM Trip.com
- 50.270
- -0.410-0.81%
- 50.500
- +0.230+0.46%
Trip.com News
Daiwa Securities rating: Tencent and Ctrip are preferred for Chinese internet stocks, bullish on Netease, PDD Holdings, Meituan and KE Holdings.
Daiwa has released a research report stating that they have recently met with many investors in the United States who are focusing on investing in the Asian market. After consolidation, the bank found that American investors generally have a bullish outlook on Tencent, with most giving a "buy" or "shareholding" rating, and they expected more catalysts to push its stock price further ahead of the market, such as improvement in gaming business performance, strong growth in advertising business and ongoing shareholder returns. Investors are also bullish on PDD Holdings, with a unanimous buy rating, and also tend to choose Ctrip, Ke Holdings, and Meituan. Daiwa pointed out that Ctrip's international business development seems to have not been recognized by investors, while
Benchmark Reiterates Buy on Trip.com Group, Maintains $72 Price Target
Benchmark analyst Fawne Jiang reiterates Trip.com Group (NASDAQ:TCOM) with a Buy and maintains $72 price target.
Trip.com Group Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/12/2024 40.57% Benchmark $72 → $72 Reiterates Buy → Buy 05/22/2024 48.38% Barclays $60 → $76 Maintains
Benchmark Co. Maintains Trip.com(TCOM.US) With Buy Rating, Maintains Target Price $72
Benchmark Co. analyst Fawne Jiang maintains $Trip.com(TCOM.US)$ with a buy rating, and maintains the target price at $72.According to TipRanks data, the analyst has a success rate of 54.1% and a total
Trip.com Group Completes $1.5 Billion Convertible Senior Bond Issuance
Trip.com Group (HKG:9961) completed the issuance of $1.5 billion convertible senior bonds due in 2029, according to a Monday filing on the Hong Kong bourse. These include the initial purchasers' full
Ctrip Group-S has completed the issuance of $1.5 billion principal in cash-settled convertible preferred notes.
Ctrip Group-S (09961) announced the completion of the sale of a total principal amount of $1.5 billion convertible preferred notes due in 2029, including initial buyers exercising their option to purchase an additional $200 million in principal. The notes were sold to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended. The notes will be the general unsecured debt of the company and will bear interest at an annual rate of 0.75%, payable semi-annually on June 15 and December 15 of each year, starting on December 15, 2024. The notes will be due on June 15, 2029.
Hong Kong stock news | Zheshang Securities acquires an additional 7.4159% equity of Guodu Securities for about 1.135 billion yuan. Sunny Optical's mobile phone lens shipments in May increased by 9.6% year-on-year.
In May, Sunny Optical Technology (02382) shipped approximately 104 million mobile phone lenses, an increase of 1.8% compared to the previous month and 9.6% year-on-year.
Ctrip Group-S (09961) completed the sale of $1.5 billion principal in cash-settled convertible preferred notes.
Ctrip Group-S (09961) announced the completion of the sale of a total principal amount of US$1.5 billion of convertible bonds due in 2029...
Trip.com Reveals 2024 Trip.Best Global and Asia 100 Rankings
Hotel de Crillon, A Rosewood Hotel, voted as the top luxury hotel in the world Asian attractions chosen as best things to do Hot springs and ski resorts globally are top-of-mind for travellers Singap
Express News | Trip.com Group Limited Announces Completion of Offering of US$1.5 Billion Cash-Par Settled Convertible Senior Notes
Results: Trip.com Group Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Trip.com Group Limited Announces Completion of Offering of US$1.5 Billion Cash-par Settled Convertible Senior Notes
SINGAPORE, June 7, 2024 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation,
[Brokerage Focus] Bocom Intl indicates that fundamental factors are still important indicators for investment in the internet plus-related industry. Selecting stocks prioritizes performance growth.
Jingu Finance News | Bocom International has released its outlook for the internet industry in the second half of the year. Valuations of Chinese internet companies are currently one standard deviation below the historical average over the past two years, and companies with stable performance growth and clear industry competition should have upward valuation potential. Shareholder returns in the industry are currently lagging behind, especially in terms of dividend yields compared to high dividend industries, and fundamentals remain an important indicator for internet industry investment. The stock selection criteria are as follows: performance growth > industry competition > industry space > new business potential > shareholder returns > valuation multiple space. Bullish on Tencent (00700) / Ctrip (09961) / PDD Holdings / New Oriental (099).
Should You Be Adding Trip.com Group (NASDAQ:TCOM) To Your Watchlist Today?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But as Peter Lynch said in One Up On Wall
Morgan Stanley Maintains Trip.com(TCOM.US) With Buy Rating, Maintains Target Price $64
Morgan Stanley analyst Alex Poon maintains $Trip.com(TCOM.US)$ with a buy rating, and maintains the target price at $64.According to TipRanks data, the analyst has a success rate of 61.7% and a total
Guosen Securities maintains a "outperform" rating on Ctrip Group-S (09961), indicating that its basic business is expected to show stronger performance certainty.
Guosen Securities released a research report that Ctrip Group-S (09961) plans to issue $1.3 billion of convertible preferred notes settled in cash (+ $200 million note option) and is expected to complete the issuance around June 7. The notes have an annual interest rate of 0.75%, paid every six months, and mature in June 2029. The initial conversion rate is 15.0462 shares of American depositary shares per $1,000 note principal amount, or about $66.46 per share, with the exercise period being the last 50 trading days prior to maturity. The bank said that overall, the analysis shows that this note issuance is beneficial to the company's overseas financial structure optimization.
Guosen Securities: Maintains 'Outperform' rating on Ctrip Group-S (09961), plans to issue US$1.3 billion convertible preferred stock.
Guosen Securities maintains its non-GAAP net income for Ctrip Group's 2024-2026 period at 15.5 billion, 18.7 billion, and 22 billion yuan respectively.
Hong Kong stock concept tracking | Optimistic about outbound tourism data in summer 2024, the prosperity of the tourism industry chain is on the rise (with concept stocks)
It is expected that the number of outbound travelers during the summer of 2024 will increase by 100% compared to last year.
Trip.com Logs Boost in Q1 Profit
Trip.com (HKG:9961) recorded a year-over-year rise in attributable profit for the quarter ended March 31 to 4.31 billion yuan from 3.38 billion yuan in Q1 2023, a Tuesday filing on the Hong Kong bours
Trip.com Prices $1.3 Billion Convertible Senior Notes Offering
Trip.com Group (TCOM) said late Tuesday it has priced $1.3 billion worth of 0.75% convertible senior notes due 2029. The company said it has granted the initial purchasers an option to purchase up to
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