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TONGCHENGTRAVEL

19.980

-0.420-2.06%

Volume:14.06M

Turnover:281.73M

Market Cap:46.69B

PE:20.98

High:20.400

Open:20.400

Low:19.840

Close:20.400

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Overview Company News Filings

Tongcheng Travel Holdings Ltd. Conducted Annual General Meeting

Tongcheng Travel Holdings Ltd. Announces Availability of New Corporate Report

Jefferies Adjusts Tongcheng Travel Holdings' Price Target to HK$24.80 From HK$24.10, Keeps at Buy

MT Newswires Live

BUZZ-China's Tongcheng Travel hits record high on Q1 earnings

Tongcheng Travel's Profit Jumps in Q1

MT Newswires Live

Tongcheng Travel Holdings Ltd. Reports 13.2% Revenue Growth and 41.1% Increase in Adjusted Net Profit for Q1 2025

Tongcheng Travel Holdings Q1 Adjusted Ebitda Margin 26.5%

THOMSON REUTERS

HK Movers｜Tencent-Related Stocks Shined. Weimob Surged 13%; TME Up 10%; Yixin Up 6%; Youzan Up 2%

Tiger Newspress

Tongcheng Travel's New Acquisition Likely to Support Cash Flow -- Market Talk

BUZZ-Wanda Hotel hits near 6-year peak as Tongcheng buys hotel management unit

Tongcheng Travel to Purchase Wanda Hotel Management Hong Kong

MT Newswires Live

Wanda Hotel Development Company to Dispose Of Wanda Hotel Management to eLong

MT Newswires Live

BRIEF-Tongcheng Travel Says Acquisition Of 100% Stake In Wanda Hotel Management (Hong Kong)

Tongcheng Travel Holdings Ltd - Initial Consideration for Acquisition RMB2,497.3 Million

THOMSON REUTERS

Tongcheng Travel - Acquisition of 100% Equity Interest in Wanda Hotel Management (Hong Kong)

THOMSON REUTERS

Tongcheng Travel Holdings Limited's (HKG:780) Stock Is Going Strong: Is the Market Following Fundamentals?

Simply Wall St.

Tongcheng Travel's Attributable Profit Rises in Q4 2024

MT Newswires Live

Jefferies Adjusts Tongcheng Travel Holdings' Price Target to HK$24.10 From HK$23.70, Keeps at Buy

MT Newswires Live

Stock Track | Tongcheng Travel Soars 9.36% on Strong Q4 Results and Positive Analyst Outlook

Tongcheng Travel Shares Rise After Posting Higher Profit

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Conducted Annual General Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2546313617","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546313617?lang=en_us&edition=fundamental","pubTime":"2025-06-26 22:01","pubTimestamp":1750946478,"startTime":"0","endTime":"0","summary":"Tongcheng Travel Holdings Ltd. held its annual general meeting on June 26, 2025. During the meeting, several proposals were presented and approved. The audited consolidated financial statements for the year ended December 31, 2024, along with the reports of the Directors and auditor, were received and adopted. Mr. Liang Jianzhang and Mr. Xie Qing Hua were re-elected as non-executive Directors, and Mr. Yang Chia Hung was re-elected as an independent non-executive Director. Additionally, a general mandate was given to the Directors to repurchase shares in the company, not exceeding 10% of the total number of issued shares. All proposed resolutions were duly passed.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tongcheng Travel Holdings ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250626:nNDL8S4C9F:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SGXZ90724238.SGD","BK1604","LU0315179316.USD","00780","SG9999001226.SGD","LU1115378108.SGD","SG9999001093.SGD","BK1164","BK1615","LU2460026573.USD","BK1516","LU0640798160.USD","SG9999001051.SGD","LU0278937759.USD"],"gpt_icon":0},{"id":"2539230319","title":"Tongcheng Travel Holdings Ltd. Announces Availability of New Corporate Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2539230319","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539230319?lang=en_us&edition=fundamental","pubTime":"2025-05-29 17:03","pubTimestamp":1748509404,"startTime":"0","endTime":"0","summary":"Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tongcheng Travel Holdings Ltd. published the original content used to generate this news brief on May 29, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nNDL4T5mG5:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1516","LU1115378108.SGD","LU2460026573.USD","SG9999001051.SGD","SGXZ90724238.SGD","LU0278937759.USD","LU0640798160.USD","00780","BK1604","SG9999001093.SGD","SG9999001226.SGD","BK1164","BK1615","LU0315179316.USD"],"gpt_icon":0},{"id":"2538127649","title":"Jefferies Adjusts Tongcheng Travel Holdings' Price Target to HK$24.80 From HK$24.10, Keeps at Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2538127649","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2538127649?lang=en_us&edition=fundamental","pubTime":"2025-05-26 15:17","pubTimestamp":1748243861,"startTime":"0","endTime":"0","summary":"Tongcheng Travel Holdings (HKG:0780) has an average rating of buy and mean price target of HK$25.27, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic researc","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate","earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["00780"],"gpt_icon":0},{"id":"2538237231","title":"BUZZ-China's Tongcheng Travel hits record high on Q1 earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2538237231","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2538237231?lang=en_us&edition=fundamental","pubTime":"2025-05-26 11:32","pubTimestamp":1748230331,"startTime":"0","endTime":"0","summary":"BUZZ-China's Tongcheng Travel hits record high on Q1 earnings** Shares of online tourism services provider Tongcheng Travel Holdings 0780.HK jump as much as 13.9% to all-time high of HK$23.35** Stock set for biggest one-day pct rise since late-September, if gains hold** Co reports Q1 adjusted net profit up 41.1% y/y, revenue up 13.2% y/y and adjusted net margin of 18% from 14.4% a year ago** Jefferies maintains \"buy\" and lifts PT to HK$24.80 from HK$24.10, saying Q1 non-IFRS earnings beat expectations and core online travel agency margin is expected to improve with solid progress in standalone app and outbound travel** Citi reiterates \"buy\" on decent earnings beat** Hang Seng Commerce & Industry Index .HSNC falls 1.3%, Hang Seng Index .HSI slips 0.7%** YTD, stock up 12.9%","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250526:nL2N3RY025:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00780"],"gpt_icon":0},{"id":"2537818097","title":"Tongcheng Travel's Profit Jumps in Q1","url":"https://stock-news.laohu8.com/highlight/detail?id=2537818097","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537818097?lang=en_us&edition=fundamental","pubTime":"2025-05-23 18:21","pubTimestamp":1747995706,"startTime":"0","endTime":"0","summary":"Tongcheng Travel  recorded a rise in attributable profit in the first quarter to 668.9 million yuan from 396.6 million yuan a year prior, a Friday filing with the Hong Kong bourse said.The online travel agency's revenue rose 13% to 4.38 billion yuan from 3.87 billion yuan in the year-ago period.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["00780","SG9999001051.SGD","SG9999001093.SGD","LU1115378108.SGD","SG9999001226.SGD","BK1516","LU0278937759.USD","LU0315179316.USD","BK1604","BK1615","LU0640798160.USD","LU2460026573.USD","BK1164","SGXZ90724238.SGD"],"gpt_icon":0},{"id":"2537876186","title":"Tongcheng Travel Holdings Ltd. Reports 13.2% Revenue Growth and 41.1% Increase in Adjusted Net Profit for Q1 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2537876186","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537876186?lang=en_us&edition=fundamental","pubTime":"2025-05-23 16:59","pubTimestamp":1747990754,"startTime":"0","endTime":"0","summary":"Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tongcheng Travel Holdings Ltd. published the original content used to generate this news brief on May 23, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250523:nNDL8WvQjF:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00780"],"gpt_icon":0},{"id":"2537182185","title":"Tongcheng Travel Holdings Q1 Adjusted Ebitda Margin 26.5%","url":"https://stock-news.laohu8.com/highlight/detail?id=2537182185","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537182185?lang=en_us&edition=fundamental","pubTime":"2025-05-23 16:46","pubTimestamp":1747990015,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250523:nPLX8B26EB:4","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU0315179316.USD","BK1604","LU0278937759.USD","LU2460026573.USD","BK1164","BK1516","SG9999001093.SGD","SG9999001051.SGD","00780","LU1115378108.SGD","BK1615","SG9999001226.SGD","SGXZ90724238.SGD","LU0640798160.USD"],"gpt_icon":0},{"id":"1182277730","title":"HK Movers｜Tencent-Related Stocks Shined. Weimob Surged 13%; TME Up 10%; Yixin Up 6%; Youzan Up 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1182277730","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1182277730?lang=en_us&edition=fundamental","pubTime":"2025-05-15 10:35","pubTimestamp":1747276502,"startTime":"0","endTime":"0","summary":"Tencent-related stocks shined. Weimob surged 13%; TME up 10%; Yixin up 6%; Youzan up 2%.","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"4fb35573b709b401b8e5161250983b1f","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00700","02013","08083","06060","01119","01698","00772","00780","02858"],"gpt_icon":0},{"id":"2529733896","title":"Tongcheng Travel's New Acquisition Likely to Support Cash Flow -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2529733896","media":"Dow Jones","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529733896?lang=en_us&edition=fundamental","pubTime":"2025-04-24 16:49","pubTimestamp":1745484540,"startTime":"0","endTime":"0","summary":"0849 GMT - Tongcheng Travel Holdings' acquisition of Wanda Hotel Development's hotel management arm may help the company generate incremental cash flow and raise its profile, says Morningstar analyst Kai Wang in a research note. The analyst expects the acquisition to add to Tongcheng's cash flow for no more than 5%. \"While the hotel management business is unlikely to change Tongcheng's valuation materially, the incremental cash flow is still accretive to the company,\" Wang says. He says it raises the profile of its online brand into higher-end hotels, as Tongcheng looks to appeal to a wider customer base. The analyst maintain a fair value estimate for Tongcheng at HK$27 per share. Shares last traded 2.2% higher at HK$20.80. ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1164","LU1115378108.SGD","LU0640798160.USD","BK1615","SG9999001093.SGD","SGXZ90724238.SGD","LU0278937759.USD","BK1604","LU0315179316.USD","00780","BK1516","SG9999001226.SGD","SG9999001051.SGD","LU2460026573.USD"],"gpt_icon":0},{"id":"2529397078","title":"BUZZ-Wanda Hotel hits near 6-year peak as Tongcheng buys hotel management unit","url":"https://stock-news.laohu8.com/highlight/detail?id=2529397078","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529397078?lang=en_us&edition=fundamental","pubTime":"2025-04-22 12:15","pubTimestamp":1745295333,"startTime":"0","endTime":"0","summary":"BUZZ-Wanda Hotel hits near 6-year peak as Tongcheng buys hotel management unit** Shares of Wanda Hotel Development 0169.HK jump as much as 29% to HK$0.60, their highest since July 2019** Stock on course to snap two straight sessions of declines** Stock last up 11.8%, on track for the biggest one-day pct gain since March 24** Tongcheng Travel 0780.HK said it had agreed to buy 100% stake in Wanda Hotel Management from Wanda Hotel Development for 2.49 bln yuan , as the online tourism services provider aims to expand into China's hotel management market ** Jefferies says the deal can further strengthen offerings satisfying the needs of different travelers segment with limited overlap in memberships, while both firms can generate synergies and benefit from respective strengths** Tongcheng falls 12.1% to HK$19.56, the lowest since April 9** Hang Seng Commerce & Industry Index .HSNC slips 0.2%,      Hang Seng Index .HSI edges down 0.04%%** YTD, Wanda Hotel stock up 104.9%, Tongcheng up 10.4% ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250422:nL1N3R002Z:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1164","BK1516","LU1115378108.SGD","00780","BK1240","BK1615","LU0315179316.USD","SG9999001051.SGD","LU0278937759.USD","SGXZ90724238.SGD","SG9999001093.SGD","BK1604","LU2460026573.USD","00169","SG9999001226.SGD","LU0640798160.USD"],"gpt_icon":0},{"id":"2529487339","title":"Tongcheng Travel to Purchase Wanda Hotel Management Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2529487339","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529487339?lang=en_us&edition=fundamental","pubTime":"2025-04-21 17:41","pubTimestamp":1745228480,"startTime":"0","endTime":"0","summary":"Tongcheng Travel  subsidiary eLong will purchase the entire stake in Wanda Hotel Management  from Wanda Hotel Development  for about 2.50 billion yuan.Upon completion, Wanda Hotel Management  will become a subsidiary of Tongcheng Travel, according to a Thursday filing with the Hong Kong bourse.The transaction is seen to help boost Tongcheng's competitiveness in the high-end hotel sector and will fuse the capabilities of both Tongcheng and Wanda, the filing said.While TongCheng's main business is online travel bookings, it has forayed into hotel services, Yicai Global reported, citing senior tourism analyst Zhao Huanyan.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1604","BK1164","LU0315179316.USD","LU1115378108.SGD","BK1615","SG9999001051.SGD","LU0640798160.USD","LU2460026573.USD","SG9999001093.SGD","00780","LU0278937759.USD","BK1516","SG9999001226.SGD","SGXZ90724238.SGD"],"gpt_icon":0},{"id":"2529847436","title":"Wanda Hotel Development Company to Dispose Of Wanda Hotel Management to eLong","url":"https://stock-news.laohu8.com/highlight/detail?id=2529847436","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529847436?lang=en_us&edition=fundamental","pubTime":"2025-04-21 15:20","pubTimestamp":1745220023,"startTime":"0","endTime":"0","summary":"Wanda Hotel Development Company  entered into a sale and purchase agreement with eLong to dispose of its stake in wholly owned subsidiary, Wanda Hotel Management, for 2.5 billion yuan, according to a Thursday filing with the Hong Kong Exchange.Elong is an investment holding company owned by Tongcheng Travel , which is a leading travel platform in 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Kong)","url":"https://stock-news.laohu8.com/highlight/detail?id=2528574799","media":"Reuters","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2528574799?lang=en_us&edition=fundamental","pubTime":"2025-04-17 23:28","pubTimestamp":1744903738,"startTime":"0","endTime":"0","summary":"BRIEF-Tongcheng Travel Says Acquisition Of 100% Stake In Wanda Hotel Management (Hong Kong)April 17 (Reuters) - Tongcheng Travel Holdings Ltd 0780.HK:ACQUISITION OF 100% EQUITY INTEREST IN WANDA 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Travel's Attributable Profit Rises in Q4 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2521427483","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521427483?lang=en_us&edition=fundamental","pubTime":"2025-03-21 15:46","pubTimestamp":1742543166,"startTime":"0","endTime":"0","summary":"Tongcheng Travel's  attributable profit rose to 350.9 million yuan in the fourth quarter of 2024 from 310.1 million yuan in the year-ago period, according to a Thursday filing with the Hong Kong bourse.Revenue grew 35% to 4.24 billion yuan from 3.14 billion yuan a year earlier.The company declared a final dividend of HK$0.18 per share, payable July 15 to shareholders on record as of July 7.Shares jumped 5% during Friday's afternoon 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The surge comes on the heels of the company's impressive fourth-quarter financial results and optimistic analyst projections for its future growth.The Chinese travel company reported a 13% year-on-year increase in net profit to 350.85 million yuan  for the fourth quarter, while revenue jumped 35% to 4.24 billion yuan. Tongcheng Travel attributed the strong performance to impr","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Stock Track | Tongcheng Travel Soars 9.36% on Strong Q4 Results and Positive Analyst Outlook","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["00780"],"gpt_icon":0},{"id":"2521446592","title":"Tongcheng Travel Shares Rise After Posting Higher Profit","url":"https://stock-news.laohu8.com/highlight/detail?id=2521446592","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521446592?lang=en_us&edition=fundamental","pubTime":"2025-03-21 11:08","pubTimestamp":1742526480,"startTime":"0","endTime":"0","summary":"Tongcheng Travel shares rose sharply after the company reported higher profit and as investors turned more upbeat on its outlook.The Chinese travel company's shares rose 9.1% to 20.05 Hong Kong dollars, equivalent to US$2.58, early Friday, outperforming the benchmark Hang Seng Index, which was 0.7% lower.The surge came after Tongcheng Travel said late Thursday that fourth-quarter net profit jumped on greater \"operational efficiency and optimized marketing strategies.\". \"We take further comfort in the management's confidence in improving its market shares and margins this year\" and outgrowing the travel market by two- or three-fold, analysts at J.P. 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