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| HSCEI1 | 7,460.84 | -147.54 | 100.47B |
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2026-06-26 16:07:43 M Stanley said in a report that Trip.com Group Limited (TCOM.US)'s domestic business is facing short-term pressure and regulatory overhang, and downgraded the rating to Neutral. The broker believes the regulatory investigation brings further uncertainty, which may limit upside to short-term monetization and compress earnings visibility. Overall travel demand is also dragged by rising airfares, affecting long-haul ticket sales and hotel bookings. Given the short-term earnings pressure on the domestic business, M Stanley lowered its earnings forecasts for fiscal 2026 and 2027 by 10% and 19%, respectively, and cut the TP by 38% to USD44.3. (su/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |