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| HSI1 | 24,072.28 | -211.87 | 242.23B |
| HSCEI1 | 8,678.30 | -84.17 | 92.11B |
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2025-06-30 15:10:43 BofA Securities released a report predicting that TONGCHENGTRAVEL (00780.HK)'s 2Q results will meet or reach the high end of street consensus. The broker anticipated that the company will announce its 2Q by the end of August. Total revenue was estimated to grow 10% YoY to RMB4.7 billion, with non-GAAP operating profit at RMB843 million, up 28% YoY, and non-GAAP net profit expected at RMB754 million, up 15% YoY, slightly above street consensus. Despite escalated competition from JD, TONGCHENGTRAVEL's trend of improved hotel commission rates and OTA margins in 2Q remains intact, the broker said, reiterating a Buy rating, with the target price lowered from HKD23 to HKD20. ~ AASTOCKS Financial News Website: www.aastocks.com | |