|Bid||38.66 x 1000|
|Ask||39.88 x 3200|
|Day's Range||39.25 - 40.11|
|52 Week Range||35.95 - 56.46|
|PE Ratio (TTM)||29.26|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||49.30|
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.
BEIJING/SHANGHAI (Reuters) - Meituan Dianping, which raised $4.2 billion in its Hong Kong IPO, is one of China's super-apps, with 340 million users ordering groceries, paying bills, renting bikes and booking hotels - but it is far from alone. The delivery-to-ticketing platform, backed by internet giant Tencent Holdings Ltd, is squaring off with Alibaba Group Holding Ltd-backed rivals including Alipay, Ele.me and Koubei as well as Tencent's own WeChat. To justify its price tag, Meituan will need to lure in cost-conscious consumers like Wu Lingli, 22, a student in Wuxi.
CTRP’s strong Q2 report, which beat on the top- and bottom-lines and included a strong guide, underscores that the fundamentals in the Chinese tech sector remain strong. Instead, the market is focusing on rising trade tensions and a strengthening U.S. dollar, two headwinds which could slow the Chinese economy. Thus, despite strong underlying fundamentals, China tech stocks continue to struggle, CTRP stock included (it is more than 30% off recent highs).
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.
A magnitude 6.7 earthquake quake struck Hokkaido on Thursday, September 6 at 3:08am. Trip.com, an independent international brand and part of the Ctrip Group, the largest online travel agent in Asia and the second largest in the world, immediately launched an emergency response plan to provide assistance to travelers who have made bookings in Hokkaido through both the Trip.com and Ctrip platforms. From flights to hotels to travel bookings, customer service and more, all departments within Trip.com and Ctrip are working together to ensure efficiency in the response efforts.
Ctrip.com (NASDAQ:CTRP) stock was gaining after hours on Wednesday after the company reported strong quarterly earnings results for its latest period. The travel service provider said that for its second quarter of the fiscal year 2018, its net income came in at RMB2.4 billion (US$360 million), which was a whopping 564% gain compared to the RMB359 million it amassed during the second quarter of its fiscal 2017. Its operating margin was 10% for the period, higher than the 9% operating margin for the year-ago quarter, while non-GAAP operating margin was 16% for the period, ahead of the 14% from the year-ago quarter.
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.
As technology evolves, we continue to see competition among the largest international, public travel companies including Expedia Group Inc (NASDAQ: EXPE), Booking Holdings Inc (NASDAQ: BKNG) and Ctrip.com (NASDAQ: CTRP), among others. Booking Holdings, previously known as Priceline, clearly retains its position as market share leader by strengthening its grip to 10 basis points shy of 40 percent. Priceline managed to remain profitable in struggling era for the industry as Airbnb continues to compete for customers and hotels start to advertise internally.
BEIJING/SHANGHAI, Aug 13 (Reuters) - Chinese online travel agency Ctrip said on Monday that it has stopped allowing customers to pay using Turkish lira due to a slump in the currency. A Ctrip spokeswoman told Reuters that it had removed the option on its website on Sunday as some customers had been exploiting the currency's fluctuation by paying in lira and asking for refunds in Chinese yuan. The lira pulled back from an overnight record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity and cut lira and foreign currency reserve requirements for Turkish banks.
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 ...