As Trip.com will have its secondary listing on the Hong Kong Stock Exchange at the 19th on April, CIMK publishes an up-to-date company analysis on this interesting company from the travel industry. Based on this report, you can consider whether to invest in this company in the current situation.
Trip.com is the leading online travel platform in China and has become increasingly global in recent years. Prior to the COVID-19 pandemic, Trip.com has steadily increased its revenue and maintained profitability since 2016. Trip.com is one of the few major global travel companies that has managed to survive the current global crisis relatively unharmed due to the rapid recovery of the domestic travel market in China.
During this challenging time for the industry, Trip.com's share price has risen by more than 50% in the last year alone. This is mainly due to the fact that the Chinese domestic travel market is expected to grow by 100% again in 2021.
The report is structured as follows:
- Trip.com Summary
- Valuation of Trip.com
- Stock market performance
- Financial Performance
- Corporate strategy & products
- News & Events
- Market Environment
- Chinese social media sentiment