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<Research>Citi: Pax Throughput in 1st 17 Days of Spring Festival Travel Rush Period Hikes 4% YoY; Rating Kept at Buy for Trip.com Group
The Ministry of Transport (MOT) announced the nationwide passenger throughput during the first 17 days of the Spring Festival travel rush period (2 February to 13 March); while the...
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<Research>Citi: Pax Throughput in 1st 17 Days of Spring Festival Travel Rush Period Hikes 4% YoY; Rating Kept at Buy for Trip.com Group
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The Ministry of Transport (MOT) announced the nationwide passenger throughput during the first 17 days of the Spring Festival travel rush period (2 February to 13 March); while the total volume increased by 4% YoY, with railway/ airline/ roadway/ waterway growing by 2.8%/ 5.2%/ 4%/ 18.4% YoY respectively, Citi Research issued a research report saying.

During the first 4 days of the nine-day Spring Festival holiday, performance was even stronger, with total volume increasing by 6.8% YoY, and railway/ airline/ roadway/ waterway hiking by 3.5%/ 7.7%/ 6.8%/ 26.9% YoY, respectively.

Therefore, the broker kept ratings at Buy for Trip.com Group (TCOM.US)      and TONGCHENGTRAVEL (00780.HK)  +0.110 (+0.592%)    Short selling $19.18M; Ratio 55.394%   , with target prices of US$82 and $28.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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