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16892 CTTCTRA@EC2512A (CALL)
RT Nominal unchange0.013 0.000 (0.000%)

19/08/2025 14:50

{I-bank focus}HSBC raises Tongcheng Travel (00780) to HKD24

[ET Net News Agency, 19 August 2025] HSBC raised the target price for Tongcheng Travel
(00780) to HKD24 from HKD21 and upgraded the rating to "buy" from "hold".
The research house said it sees a clearer trajectory to sustainable margin improvement
underpinned by marketing savings, scalability, and efficiency. (rc)

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