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<Research>Daiwa Expects TRIP.COM-S' Int'l Expansion to Drive Growth; TP Raised to HKD745
Supported by broader market influence and visa-free policies, TRIP.COM-S (09961.HK) (TCOM.US) logged a YoY surge of over 60% in its 1Q25 international bookings and a 100% jump in i...
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<Research>Daiwa Expects TRIP.COM-S' Int'l Expansion to Drive Growth; TP Raised to HKD745
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Supported by broader market influence and visa-free policies, TRIP.COM-S (09961.HK)  +4.200 (+0.866%)    Short selling $312.12M; Ratio 26.066%   (TCOM.US)      logged a YoY surge of over 60% in its 1Q25 international bookings and a 100% jump in its inbound travel bookings, according to a Daiwa report.

The broker anticipated that this momentum would persist throughout the year, and that both 2Q and full-year international business revenue would grow by 52%.

Related NewsCLSA Elevates Trip.com (TCOM.US) TP to USD75 on Surge in Inbound Tourism
Daiwa reiterated the Buy rating on TRIP.COM-S and lifted its target price from HKD735 to HKD745.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-22 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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