Movement Alert｜Trip.com Group Rises 3.19% in Regular Trading, Partners with Seat Unique Group to Expand Sports and Entertainment Business Globally

Market Focus

Jul 20

On July 20, Trip.com Group-S (09961.HK) rose 3.19% in regular trading, trading at 349.8 HKD/share, with turnover of 895 million HKD.

On the news front, Trip.com Group recently announced a global partnership with premium sports and entertainment experience platform Seat Unique Group. Official packages and VIP access for world-class live events including Formula 1, English Premier League matches, and major concert tours will be progressively launched on the Trip.com platform, expanding the company's high-value-added business offerings and enriching premium travel experience scenarios.

Supporting the positive sentiment, multiple brokerages maintain \"Buy\" ratings on the company. CITIC Securities set a target price of 413.63 HKD. The company's Q1 revenue reached 16.2 billion RMB, up 17% year-over-year and exceeding market expectations, while inbound travel transaction volume surged approximately 90% year-over-year, reinforcing institutional confidence in the company's fundamental resilience.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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