On July 3, Trip.com Group-S (09961.HK) rose 3.02% in regular trading, trading at HK$326.6/share, with turnover of HK$180 million, extending recent oversold recovery momentum.

The stock had previously accumulated over 40% in losses year-to-date due to multiple headwinds including an unresolved antitrust investigation launched in January, a RMB 10 million data export compliance fine, and conservative Q2 net revenue growth guidance of only 3%-8% versus 17% in Q1. Several brokerages continue to provide support: CITIC Construction Investment maintains a Buy rating with a target price of HK$413.63, citing Q1 revenue of RMB 16.2 billion beating expectations by 2%, while JPMorgan suggests the market is mispricing cyclical macro slowdown as a structural issue and recommends buying on weakness, noting the long-term competitive landscape remains unchanged.

Within the Hotels, Resorts and Cruise Lines sector, peers also traded higher, with Travelsky Technology up 2.37%, Tongcheng Travel up 1.16%, and H World Group up 1.14%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)