According to a research report from CLSA, TRIP.COM-S (09961.HK) -11.400 (-2.280%) Short selling $223.64M; Ratio 14.317% (TCOM.US) delivered 1Q25 results that beat expectations with total revenue/ adjusted EBIT up 16.2%/ 7.4% YoY, 0.3%/ 6.9% higher than the broker's forecasts. Its accommodation business also grew by 23% YoY as driven by sustained domestic travel demand and robust outbound and international travel.Meanwhile, inbound tourism surged rapidly on the back of relaxed visa-free policies and attractive tourism infrastructure. During the Labor Day holiday, domestic travel momentum remained strong, with both domestic and overseas hotel bookings on the Trip.com platform rising by 20% or more YoY.Related NewsG Sachs Expects BYD COMPANY/ NTES-S/ TRIP.COM-S to Enjoy More Passive Fund Inflows After HSI Quarterly ReviewCLSA raised its target price for Trip.com's US shares from USD71.5 to USD75, with an Outperform rating.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-21 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)