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travel boom may be more of a minibreak","url":"https://stock-news.laohu8.com/highlight/detail?id=2509291691","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509291691?lang=en_us&edition=fundamental","pubTime":"2025-02-06 11:28","pubTimestamp":1738812514,"startTime":"0","endTime":"0","summary":"BREAKINGVIEWS-China travel boom may be more of a minibreakThe author is a Reuters Breakingviews columnist. 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This growth is anticipated to be driven by higher accommodation and transportation bookings, fueled by resilient travel demand.Furthermore, the company's adjusted net profit ","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Stock Track | Tongcheng Travel Soars 5.4% as Strong 4Q Results Expected on Resilient Travel Demand","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["00780"],"gpt_icon":0},{"id":"2503251555","title":"Tongcheng Travel's 4Q 2024 Results Likely Within Expectations -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2503251555","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503251555?lang=en_us&edition=fundamental","pubTime":"2025-01-14 14:33","pubTimestamp":1736836380,"startTime":"0","endTime":"0","summary":"0633 GMT - Tongcheng Travel's revenue and adjusted profits in 4Q of 2024 are likely to come in line with Jefferies' expectations on resilient travel demand, its analysts say in a commentary. Revenue is likely to rise 29% year-over-year to CNY4.1 billion, helped by higher accommodation and transportation growth. Adjusted net profit is expected to reach about CNY615 million, they say, adding that the tourism segment is likely to breakeven. The analysts maintain a buy rating, with a target price of HK$23.70. Shares are 5.2% higher at HK$18.70. 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She expects the Chinese company's core online travel agency business to continue its momentum, driven by high-teens growth in hotel room nights and air ticketing volume in 4Q, a stabilizing hotel average daily rate and other factors. Total revenue growth is likely to reach 29% on year in 4Q, Chan says. CCB International keeps a buy rating on the stock and raises the target price to HK$22.80 from HK$20.50. Shares are 0.1% higher at HK$18.34. 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