Stock Track | Trip.com Soars 5.02% Intraday on Broker Buy Rating and Strong Overseas Business Outlook

Stock Track

Apr 16

Trip.com Group's stock surged 5.02% during intraday trading on Thursday, marking a significant upward movement for the travel platform's shares.

The rally was fueled by a positive broker assessment and robust growth prospects for the company's international operations. Zhongtai Securities maintained its "Buy" rating on Trip.com, highlighting strong momentum in its overseas business with international revenue growth expected to remain above 30%. The brokerage noted that outbound tourism is poised to fully recover to pre-pandemic levels, while inbound tourism is emerging as a new growth engine with services for international travelers projected to sustain over 50% growth over the next three years.

Additionally, the broader positive sentiment in the technology sector, with the Hang Seng Tech Index showing strength, provided further support for Trip.com's share price movement during the session.

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Zhongtai Securities maintained its \"Buy\" rating on Trip.com, highlighting strong momentum in its overseas business with international revenue growth expected to remain above 30%. The brokerage noted that outbound tourism is poised to fully recover to pre-pandemic levels, while inbound tourism is emerging as a new growth engine with services for international travelers projected to sustain over 50% growth over the next three years.</p><p>Additionally, the broader positive sentiment in the technology sector, with the Hang Seng Tech Index showing strength, provided further support for Trip.com's share price movement during the session.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09961","symbol_name":"携程集团—S","start_time":0,"source_url":"","article_id":"1105843068","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1105843068","pubTimestamp":1776319440,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Trip.com Group's stock surged 5.02% during intraday trading on Thursday, marking a significant upward movement for the travel platform's shares.The rally was fueled by a positive broker assessment...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"09961":"携程集团—S"},"translate_title":"个股追踪|携程盘中大涨5.02%券商买入评级海外业务前景强劲","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09961":1},"content_text":"Trip.com Group's stock surged 5.02% during intraday trading on Thursday, marking a significant upward movement for the travel platform's shares.The rally was fueled by a positive broker assessment and robust growth prospects for the company's international operations. 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