bullish

Trip.com

Trip.com (TCOM US, 9961 HK): Revenue 30% Above Pre-COVID Level

Ming has highlighted this Insight as a Top Pick
417 Views11 Dec 2023 08:44
Travelers increased by 75% YoY and traveling spending increased by 144% YoY in China in 9M2023. TCOM’s total revenue rose by 31% in 3Q23 over 3Q19 before COVID. We conclude an upside of 33%.
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Ming Lu
Overseas Chinese Equities
Aequitas Research
ChinaInformation TechnologyEquity Bottom-UpThematic (Sector/Industry)
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