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56463 BP#HSTECRC2508C (R BULL)
RT Nominal down0.121 -0.010 (-7.634%)

13/03/2025 15:21

{I-bank focus}HSBC lowers Tongcheng Travel (00780) to HKD20

[ET Net News Agency, 13 March 2025] HSBC Global Research lowered the target price for
Tongcheng Travel (00780) to HKD20 from HKD21 and downgraded the rating to "hold" from
"buy".
The research house said it cuts 2025-26e profit by 9% on lower traffic and price. (rc)

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