|Bid||0.00 x 50000|
|Ask||0.00 x 50000|
|Day's Range||22.83 - 23.18|
|52 Week Range||22.69 - 44.60|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Tencent Holdings-backed online Chinese travel firm Tongcheng-Elong launched a far smaller-than-expected Hong Kong IPO of up to $233 million on Tuesday, amid a weak stock market and a string of poor performances from recent listings in the city. Tongcheng-Elong, which is also backed by travel website Ctrip.Com International, is selling about 143 million shares at a price range of HK$9.75-HK$12.65 ($1.24-$1.61), giving it a potential valuation of $3.65 billion, according to a term sheet seen by Reuters. The company had earlier been seeking to raise up to $1 billion, but weak markets and a slide in Ctrip's share price forced it to slash the size of the IPO, according to Refinitiv publication IFR.
Tencent Holdings-backed online Chinese travel firm Tongcheng-Elong launched a far smaller-than-expected Hong Kong IPO of up to $233 million on Tuesday, amid a weak stock market and a string of poor performances from recent listings in the city. The company had earlier been seeking to raise up to $1 billion, but weak markets and a slide in Ctrip's share price forced it to slash the size of the IPO, according to Refinitiv publication IFR. Online parenting firm Babytree Group, backed by Chinese e-commerce giant Alibaba Group Holding, was also due to hold an IPO news conference on Tuesday but cancelled it on the day.
The third quarter earnings report and corresponding press release from China’s online travel agent Ctrip.Com International (NASDAQ:CTRP) certainly said all the right things in all the right ways. The 22% tumble CTRP stock has taken since posting its Q3 numbers on Wednesday, however, says investors just aren’t buying it. No serious current and prospective owners of CTRP stock really thought the organization would be able to drive sales growth in excess of 40% indefinitely.
The prolonged and escalating trade war between the United States and China didn’t stop the collection of leading hedge funds in our database from buying into numerous Chinese stocks with greater gusto in the second quarter. That’s not entirely surprising given how much cheaper Chinese stocks now look after a difficult year for the Shanghai […]
iClick Interactive Asia Group Limited (“iClick”) (ICLK), a leading independent online marketing technology platform in China, today announced it is collaborating with Ctrip.com International Limited (“Ctrip”)(CTRP), China’s top online travel agency (OTA), to create an e-commerce platform that allows retailers to directly target China’s 130 million-plus foreign travellers and provides them tools to maximise sales closure.
In this special report on China, we will introduce investors to the latest developments in the nation's economy, business climate, international activity, military power, and cultural influence. First, let's get you reacquainted with the Red Dragon of the East.
Ctrip, the largest online travel agent in Asia and the second largest in the world, announced an initiative to promote safe and responsible travel. Ctrip, The United Nations Development Programme (UNDP), China International Center for Economic and Technical Exchanges (CICETE) and China Tourism Academy (CTA) today jointly announced the launch of the "Safe and Responsible Travel Initiative” in Beijing.
Investors need to pay close attention to Ctrip.com (CTRP) stock based on the movements in the options market lately.
The Shanghai-based company said it had profit of 59 cents per share. Earnings, adjusted for non-recurring gains, came to 29 cents per share. The travel services company posted revenue of $1.11 billion ...
SHANGHAI , Sept. 5, 2018 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate ...
This article is intended for those of you who are at the beginning of your investing journey and want to learn about the link between company’s fundamentals and stock marketRead More...
Ctrip.Com (CTRP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
BEIJING , Aug. 26, 2018 /PRNewswire/ -- iQIYI Inc. (NASDAQ: IQ ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced it has ...
SHANGHAI, Aug. 23, 2018 /PRNewswire/ -- Ctrip.com International, Ltd. (CTRP), the largest online travel company in China and second largest in the world ("Ctrip"), and the consortium of Ocean Imagination L.P. ("Ocean Link"), Ctrip Investment Holdings Ltd. and other investors (the "Ocean Link Consortium"), today announced that it has won the arbitration initiated by eHi Car Services Limited ("eHi") and Crawford Group, Inc. ("Crawford") relating to Ocean Link's purchase of shares in eHi. The arbitration award is final.
Shares of Booking Holdings (BKNG) gained as much as 1.5% during regular hours Tuesday, a day before the online travel giant releases its latest quarterly earnings report. Here's what to expect Wednesday afternoon.
SHANGHAI , Aug. 6, 2018 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate ...