On November 29, Glowing Exchange reported that gtja issued a research report indicating that Trip.com's third-quarter performance exceeded expectations, with stable revenue growth despite high base numbers and ideal cost control. Considering the group's benefits from structural improvements and continuous efficiency enhancements, adjusted net income for 2024 to 2026 has been raised to 17.946 billion, 20.799 billion, and 24.445 billion yuan, maintaining a target market cap of 374.4 billion Hong Kong dollars and raising the target price to 592 Hong Kong dollars. gtja stated that Trip.com's third-quarter revenue met expectations, with growth in hotel, transportation, and business revenues all at the upper limit of guidance. Considering the high base from the same period last year, the performance of transportation ticketing and hotel bookings during the period indicates that travel and service demand remains strong.