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21613 JPTCTRA@EC2604A (CALL)
RT Nominal unchange0.010 0.000 (0.000%)

19/08/2025 14:50

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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