Trip.com Hong Kong shares hit 6-1/2-month peak on revenue beat

Trip.com

28/08/2025 04:24

** Hong Kong shares of China's Trip.com Group 9961.HK jump 8.9% to HK$558, highest level since Feb 17

** Set for biggest one-day gain since Sept 27; top gainer on Hang Seng Tech .HSTECH, Commerce & Industry indexes .HSNC

** Travel platform's Q2 revenue up 16% YoY, net profit surged 26.3% YoY; announces $5 bln share repurchase program

** On Wednesday, co's U.S. shares TCOM.O climbed 0.6% to $65.29

** Citi ("buy" rating, $78 PT) says results "solid" with revenue slightly beating estimates; buyback program exceeds some investors' expectations

** Jefferies ("buy" rating, $80 PT) notes Q2 revenue, operating profit, non-GAAP earnings all ahead of forecasts

** YTD, HK shares up 2.5%

($1 = 7.1529 Chinese yuan renminbi)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))