汇丰研究发表报告指,携程集团(TCOM.US) 的股价受压,即使反垄断调查结果出炉亦未能提振市场情绪。该行表示,此前过度聚焦公司长远的护城河,低估了监管、竞争及需求等结构性逆风的叠加影响。该行指出,暑期旅游偏弱,航班及酒店数据均显示第三季旺季需求因天气及消费信心疲弱而放软,市场已预期公司第二季收入增长由首季17%放缓至3到8%。同时,反垄断补救措施要求公司放弃高利润独家分销模式、竞争加剧,以及...
Source Link汇丰研究发表报告指,携程集团(TCOM.US) 的股价受压,即使反垄断调查结果出炉亦未能提振市场情绪。该行表示,此前过度聚焦公司长远的护城河,低估了监管、竞争及需求等结构性逆风的叠加影响。该行指出,暑期旅游偏弱,航班及酒店数据均显示第三季旺季需求因天气及消费信心疲弱而放软,市场已预期公司第二季收入增长由首季17%放缓至3到8%。同时,反垄断补救措施要求公司放弃高利润独家分销模式、竞争加剧,以及...
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