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16603 JPTCTRA@EC2512A (CALL)
RT Nominal down0.196 -0.007 (-3.448%)

27/05/2025 16:00

{I-bank focus}Macquarie raises Tongcheng Travel to HKD25.5

[ET Net News Agency, 27 May 2025] Macquarie raised the target price for Tongcheng Travel
(00780) to HKD25.5 from HKD25.1 and maintained the "outperform" rating.
The research house said it raises 2025E/26E adjusted NP by 2%/2%, respectively, as it
factors in a better margin outlook. (rc)

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