＜Research＞M Stanley Bullish on Trip.com's 3Q Guidance, Embracing Summer Travel

AASTOCKS

2024-07-04 09:59

Morgan Stanley, in a research report, expressed its bullishness on Trip.com (TCOM.US)'s 3Q guidance, particularly for long-haul, inbound and outbo...

　　Morgan Stanley, in a research report, expressed its bullishness on Trip.com (TCOM.US) 's 3Q guidance, particularly for long-haul, inbound and outbound travel, envisioning the group to embrace summer getaway, buoyed by a visa-free policies, the resumption of most flights and a rising share price during the first normalized summer season after China's reopening.

　　Citing data from Trip.com, inbound bookings as of 2 July spiked 100% YoY, on the back of a 150% YoY surge in bookings from 14 visa-free countries or regions.

　　(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

　　Related NewsBrokers' Consolidated Top Pick List for HK Stocks (DBS, Macquarie)

　　AAStocks Financial News

Disclaimer:The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Latest News

China's assets explosion and the high record global capital influx hit