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.

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