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携程网

55.19

+0.50000.91%

盘后：55.10-0.0900-0.16%19:51 EDT

成交量：256.85万

成交额：1.42亿

市值：359.84亿

市盈率：8.10

高：55.70

开：55.58

低：55.06

收：54.69

52周最高：78.99

52周最低：48.48

股本：6.52亿

流通股本：5.94亿

量比：0.85

换手率：0.43%

股息：0.32

股息率：0.58%

每股收益(TTM):6.82

每股收益(LYR):6.82

净资产收益率：21.12%

总资产收益率：3.87%

市净率：1.43

市盈率(LYR):8.10

数据加载中...

总览公司新闻资讯公告

文旅观潮丨启动OTA反垄断维权工作，不是与平台对立

携程：在“畸形”繁荣中被立案

剑指“反内卷”，携程被市场监管总局立案调查

毛利率80%的携程，“养肥”了7家美资

携程被查捅破OTA的 "垄断窗户纸"

谁的携程？

【特约大V】郭家耀：外围走势回软市场未有新炒作焦点

湾财周报 | 大事记 “广货行天下”开门红；央行发大礼包；携程被立案调查

南方都市报

携程被调查，揭示了一个很容易被忽视的事实

互联网怪盗团

华住，比携程还会捞金？

携程被调查：独食难肥，平台终有边界

携程被立案调查的真正原因

携程被立案调查后股价跌幅已超20%，业内人士称本月初，携程已悄然调整酒旅商家挂牌展示规则

神补刀！携程出事了，京东先干为敬

星河实验室Pro

梁建章是时候放下“人口学家”人设的执念了

互联网江湖

携程被立案调查，背后OTA博弈该如何平衡｜乐言商业

反携程，到底反的什么？

没有携程，酒店业会更好吗？

携程被查，在线旅游平台是该反省了！

携程涉垄断风波下的商家困境：难以掌控定价、隐秘的独家绑定

南方都市报

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14:42","pubTimestamp":1768804943,"startTime":"0","endTime":"0","summary":"公告显示，监管部门依法对携程涉嫌滥用市场支配地位实施垄断行为立案调查。此前，消费者对携程的诟病多集中在大数据杀熟、控价或捆绑销售，但“垄断”这一法律层面的定性，显然将问题的严重性提升到了全新的维度。就在被立案前的两个月，携程公布了2025年第三季度的财务数据，这份成绩单被业内戏称为“经济下行期的一种畸形美感”。携程不仅在利润规模上“吊打”一众大厂，更是在行业内部形成了碾压之势。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260119144715a43bba5d&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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14:16","pubTimestamp":1768803373,"startTime":"0","endTime":"0","summary":"同一时间，携程相关负责人也向21世纪经济报道确认，近日市场监管总局确实进驻携程总部进行反垄断调查。在今年1月14日被市场监管总局立案调查前，2025年下半年，携程已在多地接连被市场监管部门约谈。如今，市场监管总局对携程涉嫌滥用市场支配地位实施垄断行为进行立案调查，则是呼应了前期各地的约谈行为，也响应了去年年底多地旅游民宿协会的相关投诉。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260119141646a43ba384&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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13:33","pubTimestamp":1768800838,"startTime":"0","endTime":"0","summary":"携程被调查背后：控制70%市场，毛利率80%，股东名单有7家美资。背后藏着的，是其垄断70%市场、毛利率高达80%的“暴利版图”，以及牵扯7家美资机构的股权迷局。更过分的是，携程还会未经商家同意擅自上调佣金。2022年携程的毛利率为77%，2023年毛利率突破80%，此后三年连续保持在80%以上，2024年携程营收533亿，毛利433亿，毛利率达到81%。从2024年初的9.4%降至2025年初的7%，再降至目前的6.67%，已套现数十亿美元。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2026011914084997a25922&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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捅破OTA的 \"垄断窗户纸\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2604907981","media":"消费NOTE","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2604907981?lang=zh_cn&edition=fundamental","pubTime":"2026-01-19 12:02","pubTimestamp":1768795337,"startTime":"0","endTime":"0","summary":"2026 年 1 月 14 日，市场监管总局一纸立案通报，正式对携程集团涉嫌滥用市场支配地位行为展开调查，瞬间点燃了旅游行业的 \"反垄断战火\"。\"携程的第一板斧是 \"隐性二选一\" 的捆绑术。携程被查绝非偶然，而是一场 \"蓄谋已久\" 的监管升级。但可以肯定的是，OTA 行业的 \"霸权时代\" 即将结束，\"公平竞争时代\" 正在到来。携程的 \"数字成人礼\" 来得有点晚，但总比不来好。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2026011913251397a2571c&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, 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08:38","pubTimestamp":1768783100,"startTime":"0","endTime":"0","summary":"2026年1月14日，国家市场监管总局一纸公告，正式对携程涉嫌垄断行为立案调查。业绩与市值的矛盾日益凸显：2025年第三季度，携程净利润达198.9亿元，同比增长194.01%。05 监管的利剑此次对携程的立案调查，是继2021年阿里巴巴、美团“二选一”案件之后，市场监管总局首次对大型平台企业正式启动的反垄断调查。反垄断调查只是一个开始，携程需要回答的根本问题是：这到底是谁的携程？","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260119084530953d3fc1&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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市场未有新炒作焦点","url":"https://stock-news.laohu8.com/highlight/detail?id=2604080349","media":"金吾财讯","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2604080349?lang=zh_cn&edition=fundamental","pubTime":"2026-01-19 08:35","pubTimestamp":1768782912,"startTime":"0","endTime":"0","summary":"行业消息国家市场监管总局表示，依据《中华人民共和国反垄断法》，对携程集团涉嫌滥用市场支配地位实施垄断行为立案调查。携程回应指，携程将积极配合监管部门调查，全面落实监管要求，与行业各方携手共建可持续发展的市场环境。若携程被认定违法，基于对2025年国内及出境业务收入的估算，潜在罚款约为4.9亿至49亿元人民币，并可能影响携程的国内业务利润率，预料调查在结案前会继续影响市场情绪，股价后市仍有较大波动。","market":"sg","thumbnail":"https://static.szfiu.com/news/20241108/ZjAzYmQ0ZTAxMjgwMmU1OWFmMjcwNDc3NDA4NDI=.jpg","type":0,"news_type":0,"thumbnails":["https://static.szfiu.com/news/20241108/ZjAzYmQ0ZTAxMjgwMmU1OWFmMjcwNDc3NDA4NDI=.jpg"],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"1973419","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1961090484.USD","LU0823397103.USD","BK4534","LU2039709279.SGD","LU0868486357.SGD","LU1242518857.USD","LU2399975544.HKD","LU0605514214.HKD","LU0588546209.SGD","LU0828237510.HKD","LU1282649067.USD","LU1328615791.USD","LU0348825331.USD","BK4142","LU0502904849.HKD","IE00B543WZ88.USD","TCOM","LU0516423091.SGD","LU1023057109.AUD","LU1102505762.USD","BK1587","SG9999000418.SGD","LU0327786744.USD","LU0708995583.HKD","LU1282649810.SGD","LU0143863198.USD","IE0008369823.USD","LU0011963245.USD","BK4531","LU0329678337.USD","LU0417516738.SGD","LU0979878070.USD","LU0561508036.HKD","IE00B0JY6N72.USD","LU0593848301.USD","LU0594300179.USD","LU0828237940.HKD","LU0149721374.USD","LU2449936058.SGD","09961","IE00BPRC5H50.USD","LU0164880469.USD","LU1242518931.SGD","LU1770034418.SGD","LU0315179316.USD","LU1956131251.USD","LU1251922891.USD","LU0107464264.USD","LU0307460666.USD","LU0287142896.SGD"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"2604170976","title":"湾财周报 | 大事记 “广货行天下”开门红；央行发大礼包；携程被立案调查","url":"https://stock-news.laohu8.com/highlight/detail?id=2604170976","media":"南方都市报","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2604170976?lang=zh_cn&edition=fundamental","pubTime":"2026-01-18 23:05","pubTimestamp":1768748732,"startTime":"0","endTime":"0","summary":"一周大事（2026年1月12日-18日）头条“广货行天下”开门红“今天的直播间仅是早上，销售额就增长了100%！”1月15日，“广货行天下”春季行动启动仪式暨家电专场促销活动在广东佛山举办，活动现场，一位广东家电企业现场促销人员兴奋地表示，在流量、好价叠加下，一款微波炉产品开播即“卖爆”。","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202601183622713734.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["LU0164865239.USD","IE0003851619.USD","BK4526","LU0106252389.USD","LU0307460666.USD","LU1719994722.HKD","SG9999000459.SGD","LU2449936058.SGD","LU0261950470.USD","LU0048580855.USD","HK0000306701.USD","LU1303224171.USD","09961","IE0008369823.USD","LU0143863784.USD","LU0828237940.HKD","LU1880383440.USD","LU1880383366.USD","LU0516423091.SGD","LU0315179316.USD","LU1282649810.SGD","SG9999011746.SGD","LU2153591404.USD","IE00B031HY20.USD","LU0828238088.HKD","LU0823397285.USD","LU1868838027.USD","LU2242644610.SGD","LU0327786744.USD","LU0561508036.HKD","LU0287142896.SGD","BK4531","LU0211977185.USD","BK1164","LU0359202008.SGD","BK4588","LU0531971595.HKD","LU1961090484.USD","LU0634319403.HKD","LU0228659784.USD","LU0431992006.USD","TCOM","LU0348827113.USD","LU1868837565.USD","LU1808992512.USD","IE00B5MMRT66.SGD","IE00B8HQ1Z84.USD","LU0509642566.USD","LU0593848301.USD","LU1481107354.HKD"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"2604739922","title":"携程被调查，揭示了一个很容易被忽视的事实","url":"https://stock-news.laohu8.com/highlight/detail?id=2604739922","media":"互联网怪盗团","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2604739922?lang=zh_cn&edition=fundamental","pubTime":"2026-01-18 13:11","pubTimestamp":1768713090,"startTime":"0","endTime":"0","summary":"携程成为了最近四年以来，第一家正式遭到反垄断调查的中国互联网公司。不过，这一次的调查，揭示了一个此前很容易被忽视的事实：OTA行业的头部集中程度极高，可能是互联网细分行业里最高的之一。而在高星级酒店等高端业务上，携程一家的市场占有率接近80%。在欧盟地区，Booking.com是最大的OTA，占据了70%左右的市场份额。本文作者在携程及其他OTA平台预订酒店和机票的行为，是个人行为，没有谋求和获取这些平台的资助或优待。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260118134300a727beb2&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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12:11","pubTimestamp":1768709473,"startTime":"0","endTime":"0","summary":"2023年和2024年，华住向携程收取服务费1.12亿元和1.46亿元，几乎收回了一半的佣金支出。2019年，携程注册会员已突破4亿，此后未再公布最新数据。华住的会员渠道同样不容小觑。截至2025年第三季度，华住会会员总数已经突破3亿，同比增长17.3%。最后来看，华住的整体抽成率也不比携程低。同期，华住从加盟商获得收入87亿元，占这部分营业额的12.38%。但对华住而言，与加盟商的佣金比例多在签约时锁定。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260118121514a4380ee5&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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业内人士称本月初，携程已悄然调整酒旅商家挂牌展示规则","url":"https://stock-news.laohu8.com/highlight/detail?id=2604294060","media":"都市现场","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2604294060?lang=zh_cn&edition=fundamental","pubTime":"2026-01-17 23:21","pubTimestamp":1768663273,"startTime":"0","endTime":"0","summary":"江西一家中高端民宿主理人透露，2026年1月5日至6日——也就是被启动反垄断调查之前十天，携程已经悄然调整酒旅商家挂牌展示规则，客户端内“金牌”“特牌”标识全面下线。消费者投诉“大数据杀熟”“携程涉嫌垄断被立案调查”的消息传出后，相关话题“携程 杀熟”在当日也登上热搜。截至2025年12月29日，消费保平台共收到携程相关投诉5.476万件，累计涉诉金额超1.494亿元。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260117233043a726a67d&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, 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13:16","pubTimestamp":1768626985,"startTime":"0","endTime":"0","summary":"监管的靴子终于落地了。携程因为涉嫌垄断市场行为被正式立案调查。这消息一出，大家立马就炸了！其实大家苦携程久矣，用户们长期积压的不满情绪找到了出口。过去一年，社交平台上关于携程“大数据杀熟”“退改签难”“捆绑销售”的吐槽就不绝于耳。比如我自己吧，经常出差，同一家酒店，用我的账号看是800元，用同事的新账号看才650元。老客户反而成了待宰的羔羊。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202601173622494538.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["LU2476274308.USD","LU0211977185.USD","SG9999011746.SGD","LU0431992006.USD","LU0737861699.HKD","LU1251922891.USD","BK4585","LU0502904849.HKD","LU2153591404.USD","LU2424517915.HKD","TCOM","LU0287142896.SGD","IE00B8L5B284.USD","LU1102505762.USD","LU2106854487.HKD","LU0455707207.USD","LU0561508036.HKD","LU0164880469.USD","LU0348827113.USD","IE00B031HY20.USD","LU1880383366.USD","HK0000306701.USD","LU0359202008.SGD","LU1282649810.SGD","LU1868837722.USD","SG9999002562.SGD","LU2449936058.SGD","IE00B0JY6N72.USD","LU0348735423.USD","HK0000320264.USD","LU1242518931.SGD","LU1282649067.USD","LU1303224171.USD","LU1770034418.SGD","LU0516422952.EUR","IE0003851619.USD","BK4588","LU0251143458.SGD","LU0634319403.HKD","LU0737861772.HKD","LU0516423091.SGD","LU1961090484.USD","HK0000320223.HKD","BK1587","LU0531971595.HKD","LU1868838027.USD","LU2039709279.SGD","BK1588","LU0516422440.USD","09961"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"2603399236","title":"携程涉垄断风波下的商家困境：难以掌控定价、隐秘的独家绑定","url":"https://stock-news.laohu8.com/highlight/detail?id=2603399236","media":"南方都市报","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2603399236?lang=zh_cn&edition=fundamental","pubTime":"2026-01-16 22:44","pubTimestamp":1768574652,"startTime":"0","endTime":"0","summary":"一些酒店民宿老板的长期积怨，在1月14日国家市场监管总局公告对携程反垄断立案调查之际倾泻而出。此番市场监管总局的立案调查并非偶然。自2025年以来，不断有商户反映携程“调价助手”未经同意自动改价。值得一提的是，今年1月5日，携程App下线了金牌、特牌的展示标识，但未公开透露具体原因。携程提供给商家的推广权益介绍。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260116225002a723706c&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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