On September 5th, Ctrip (TCOM.US) rose 1.2% in pre-market trading, with a price of $47.94. On the news front, Huachuang Securities stated that domestic and cross-border tourism during this summer continued to maintain a high level of prosperity, with a year-on-year increase of 6.7% in railway passenger traffic and an 11% year-on-year increase in civil aviation passenger traffic from July 1st to August 20th. With the improvement of online rate and customer acquisition advantages, the bank expects Ctrip to continue to maintain a growth rate faster than the industry.
美股异动丨携程盘前涨1.2% 机构指携程仍有望保持快于行业的增速
US stocks are moving differently. Ctrip rose 1.2% before the market, and institutions believe that Ctrip still has the potential to maintain a faster growth rate than the industry.
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