Hong Kong Stock Movement | TRIP.COM-S (09961) Rises Over 3% as Institutions Remain Optimistic About Sustained Growth in Golden Week Tourism Market

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TRIP.COM-S (09961) surged over 3%, rising 3.66% to HK$595 with trading volume reaching HK$805 million as of press time. On the news front, a press conference was held on September 17 regarding policy measures to expand service consumption. Additionally, with the Mid-Autumn Festival and National Day holidays approaching, tourism market momentum continues to build as related products enter peak booking periods.

Huaxi Securities noted that the National Day and Mid-Autumn Festival holidays are entering peak booking season, with the Golden Week tourism market expected to maintain sustained growth. A recent research report from Caithong Securities stated that as the leading domestic OTA industry player, the company has established deep competitive moats in supply chain management, consumer mindshare, and global resource integration. The recovery of the domestic tourism market provides stable support for the company's domestic business growth, while inbound, outbound, and international businesses serve as core drivers for medium to long-term performance growth.

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