Stock Track | Trip.com Surges 6.2% in Pre-Market on Analyst Upgrade, Optimism Over Chinese Tech Stocks

Stock Track
02-26

Trip.com Group Limited (TCOM) experienced a pre-market soar of 6.20% on Wednesday, February 26th, as the Chinese travel company's stock continued to rally.

One of the key drivers behind the rally appears to be an analyst rating upgrade by DBS analyst Sachin Mittal, who maintained a Buy rating on Trip.com and raised the price target to HK$646, citing positive factors for the company's growth prospects. Additionally, broader investor optimism around Chinese tech and internet stocks also contributed to the stock's surge.

Chinese ADRs and tech stocks rallied broadly on Tuesday, with electric vehicle makers like Li Auto, XPeng, and Nio gaining on news of new product launches and easing regulatory concerns. Investors seem to be betting that Trip.com's focus on expanding its services and leveraging technology will drive continued momentum, despite recent challenges in the rapidly evolving online travel market highlighted in the company's latest quarterly earnings report.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10