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| HSI1 | 27,081.91 | +668.56 | 172.96B |
| HSCEI1 | 9,197.38 | +237.82 | 60.15B |
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2026-02-23 11:20:05 Based on data from China's Ministry of Transport (MOT), the total cross-regional passenger flow during the first seven days of the Lunar New Year (LNY) holiday this year (February 15-21) reached 2.08 billion, representing a YoY increment of 9.3%, which is an acceleration from the 6.8% YoY growth in the first four days, Citi said in its research report. The broker observed the travel demand for family reunions more concentrated in the pre-holiday period, and the recent rebound in passenger volume reflected improved domestic travel demand for the remaining days of the LNY holiday. Moreover, the balance between long and short-haul travel was a positive signal for online travel agencies (OTAs). Citi maintained a Buy rating for TRIP.COM-S (09961.HK) and TONGCHENGTRAVEL (00780.HK), with a target price of USD82 for Trip.com (TCOM.US) in the US market and HKD28 for TONGCHENGTRAVEL. Citi also noted that Trip.com will announce its 4Q25 results after the US market closes this Wednesday (25th), and it is expected that the stock price will remain relatively muted until then. ~ AASTOCKS Financial News Website: www.aastocks.com | |