Futu Securities has released a report, expecting Ctrip (09961.HK) to achieve third-quarter revenue and profit in line with the bank's forecast. The integration of AI enhances content delivery, traveler experience, and operations. Outbound and inbound tourism, overseas, and lower-tier city penetration are future opportunities. The bank maintains a "buy" rating for Ctrip and is bullish on its long-term development.

Futu Securities expects Ctrip's total revenue in the third quarter to grow by about 13% to 15.6 billion RMB year-on-year. The gross margin in the third quarter is expected to reach around 83%, with non-GAAP operating profit at 5.1 billion RMB, and non-GAAP gross margin reaching 33%, similar to the second quarter.