Company Performance - Trip.com (TCOM) closed at $59.49, with a daily increase of +1.17%, outperforming the S&P 500's loss of 0.25% [1] - The stock has decreased by 5.04% over the past month, underperforming the Consumer Discretionary sector's loss of 2.81% and the S&P 500's gain of 2.71% [1] Upcoming Earnings - Analysts expect Trip.com to report earnings of $0.98 per share, reflecting a year-over-year decline of 2% [2] - Revenue is forecasted to be $2.04 billion, indicating a growth of 16.06% compared to the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $3.55 per share, with revenue expected to reach $8.49 billion, marking changes of -1.11% and +14.54% respectively from the previous year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Trip.com are important as they reflect changes in short-term business dynamics [4] - Upward revisions in estimates indicate analysts' positive outlook on the company's operations and profit generation capabilities [4] Zacks Rank and Valuation - Trip.com currently holds a Zacks Rank of 4 (Sell), with the Zacks Consensus EPS estimate decreasing by 1.58% in the past month [6] - The company has a Forward P/E ratio of 16.56, which is lower than the industry average Forward P/E of 21.09 [6] PEG Ratio and Industry Comparison - Trip.com has a PEG ratio of 2.47, compared to the Leisure and Recreation Services industry's average PEG ratio of 1.56 [7] - The Leisure and Recreation Services industry is ranked 182 in the Zacks Industry Rank, placing it in the bottom 27% of over 250 industries [7]

Market Overview - The Hang Seng Index (HSI) closed at 24,793.53, down by 113.28 points or 0.45% on August 11 [1] - The index reached a high of 24,931.26 and a low of 24,760.85 during the trading session [1] Major Blue-Chip Stocks - HSBC Holdings closed at HKD 100.791, up by 0.84% compared to the Hong Kong close [2] - Tencent Holdings closed at HKD 558.587, down by 0.43% compared to the Hong Kong close [2] ADR Performance - Tencent Holdings (ADR) decreased by 2.413 HKD, or 0.43%, with an ADR price of USD 71.160 [3] - Alibaba Group (ADR) fell by 2.088 HKD, or 1.76%, with an ADR price of USD 118.640 [3] - HSBC Holdings (ADR) increased by 0.841 HKD, or 0.84%, with an ADR price of USD 64.200 [3] - Other notable movements include: - Xiaomi Group (ADR) down by 0.483 HKD, or 0.95% [3] - AIA Group down by 0.185 HKD, or 0.25% [3] - Meituan down by 0.983 HKD, or 0.82% [3] - BYD Company down by 0.740 HKD, or 0.66% [3]

暑期过半，出游热度持续攀升，由大学生和准大学生们组成的"青春旅行团"力量正活跃在铁轨上。携程 数据显示，进入暑期以来，学生火车票日均抢票订单量环比增长超80%，其中北京、乌鲁木齐、重庆、 西安、郑州、成都、济南、兰州、石家庄和广州等城市成为承接学生流量的前十目的地。这些年轻旅客 平均提前近12天抢票，展现出旺盛的出行需求。 第一，新生可线上预约购买学生票，并为亲友共同购票乘车。 畅爽出行之余，随着8月中下旬各大院校进入开学季，学生们也开始关注入学或返校行程。携程回顾了 去年同期数据，以哈尔滨、长春、郑州、西安、北京等高校学子密集城市为目的地的学生票最为紧俏， 还有许多学生在网络上表示希望能提前锁定开学车票、新生家长们也纷纷表示想要送孩子去上学却苦于 买不到车票。 即日起，在校学生和新生可上携程旅行使用 "开学季学生票预约服务"购票出行，以下三大核心权益帮 助学生群体铺就顺畅返校路。 新生打开携程旅行APP的火车票页面，勾选"学生票"，按照指引完成学生优惠资质相关信息的填写后， 即日起至9月5日可线上预约购买学生票，每位新生还可为最多2位同行亲友办理预约购票和提前兑现服 务。 第二，学生乘客可提前20天预约购票 ...

金融界8月11日消息，上证指数上涨0.34%，中证香港300成长指数 (HK300G，H11173)报2382.46点。 从中证香港300成长指数持仓的市场板块来看，香港证券交易所占比100.00%。 从中证香港300成长指数持仓样本的行业来看，可选消费占比40.47%、通信服务占比19.77%、金融占比 10.58%、医药卫生占比9.89%、能源占比6.99%、原材料占比4.71%、主要消费占比2.08%、公用事业占 比1.76%、工业占比1.60%、信息技术占比1.44%、房地产占比0.70%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。中证香港300价值指数和中证香港300成长指数每次调整的样本比例一般不超过20%。定期调整 设置缓冲区，Z值在对应指数的样本空间中，排名在80名之前的新样本优先进入；排名120名之前的老 样本优先保留。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在下一 个定期调整日前，权重因子一般固定不变。遇临时调整时，当中证香港300指数调整样本时，指数样本 随之进行相应调整。当样本退市时，将其从指数 ...

Market Overview - The Hang Seng Index (HSI) closed at 24,979.45, down by 102.18 points or 0.41% as of August 7, 16:00 Eastern Time [1] - The index reached a high of 25,085.26 and a low of 24,911.17 during the trading session, with a trading volume of 35.48 million [1] - The 52-week high for the index is 25,638.77, while the 52-week low is 16,954.46, indicating a trading range of 0.69% [1] Major Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 98.823, down 0.03% from the Hong Kong close [2] - Tencent Holdings closed at HKD 564.761, down 0.39% from the Hong Kong close [2] Stock Price Movements - Tencent Holdings (00700) saw a decrease of HKD 1.50, or 0.26%, with an ADR price of 564.761 [3] - Alibaba Group (09988) increased by HKD 2.50, or 2.14%, with an ADR price of 118.682 [3] - Xiaomi Group (01810) decreased by HKD 2.15, or 3.98%, with an ADR price of 51.476 [3] - AIA Group (01299) increased by HKD 0.95, or 1.29%, with an ADR price of 73.980 [3] - Meituan (03690) increased by HKD 0.90, or 0.74%, with an ADR price of 120.958 [3]

据贵州省市场监督管理局（贵州省知识产权局）价监反垄断处发布的消息，8月5日下午，贵州省市场监 督管理局集中约谈携程、同程、抖音、美团、飞猪等五家涉旅平台企业，要求相关平台企业严格遵守 《中华人民共和国价格法》《中华人民共和国反垄断法》《明码标价和禁止价格欺诈规定》等法律法规 规章，坚决制止价格乱象，维护公平、有序、诚信的市场环境。 贵州省旅行社协会、贵阳市旅游业协会在倡议中提出，各经营者要加强行业自律，自主制定的市场调节 价格应遵循公平、合法和诚实守信原则。针对住宿、餐饮领域存在的临时加价、"阴阳菜单"等问题，贵 州省民宿协会、贵州省餐饮行业商会联合发出《规范餐饮、住宿行业价格行为倡议书》，要求行业内各 经营者应严格遵守法律法规，在经营场所或商品服务结算页面明码标价，杜绝采用虚假价格手段误导消 费者，坚决抵制价格欺诈。 贵州省消费者协会向消费者及经营者发出倡议，提醒广大消费者挑选住宿以及就餐时应重点关注价格信 息；经营者要严格落实明码标价制度，规范价格行为，共同营造诚实守信、公平公正的旅游"避暑季"消 费环境。 此前的7月31日，贵州省市场监管局还发布了《关于规范"避暑季"住宿行业价格行为的提醒告诫函》 （下 ...

Core Viewpoint - The Guizhou Provincial Market Supervision Administration has summoned five travel platforms, including Ctrip, Tongcheng, Douyin, Meituan, and Fliggy, to address pricing irregularities and ensure compliance with relevant laws and regulations [1][2]. Group 1: Regulatory Actions - The Guizhou Provincial Market Supervision Administration emphasized the need for strict adherence to the Price Law, Anti-Monopoly Law, and regulations against price fraud [1][2]. - The administration will closely monitor the competitive landscape of the involved platforms and will take strict actions against those that violate regulations or fail to rectify issues [2][3]. Group 2: Industry Self-Regulation - Various travel industry associations in Guizhou have initiated a campaign to maintain fair pricing during the summer tourism season, urging operators to follow principles of fairness, legality, and integrity [2][3]. - The Guizhou Provincial Consumer Association has called on consumers to pay attention to pricing information when selecting accommodations and dining options, while urging operators to comply with clear pricing regulations [3]. Group 3: Penalties for Non-Compliance - The administration has issued a warning letter requiring accommodation providers and third-party platforms to adhere to pricing laws, with penalties for violations including fines up to 500,000 yuan for price fraud and 3 million yuan for price gouging [3][4].

Core Points - The China Securities Index Hong Kong 300 Leisure Index (H300 Leisure) reported a rise of 6.81% over the past month, 15.53% over the past three months, and 19.31% year-to-date [1] - The index is designed to reflect the overall performance of listed companies in various themes such as banking, transportation, resources, infrastructure, logistics, and leisure, selected from the China Securities Index Hong Kong 300 [1] - The index's base date is December 31, 2004, with a base point of 1000.0 [1] Index Holdings - The top ten weighted companies in the H300 Leisure Index are: Kuaishou-W (11.88%), Tencent Holdings (10.11%), NetEase-S (9.55%), Baidu Group-SW (9.36%), Trip.com Group-S (9.35%), Yum China (9.01%), Meituan-W (7.76%), Galaxy Entertainment (5.73%), Bilibili-W (3.46%), and Sands China Ltd. (3.11%) [1] - The index's holdings are entirely composed of companies listed on the Hong Kong Stock Exchange, with a 100% allocation [1] Industry Composition - The industry composition of the H300 Leisure Index includes: Leisure Services (41.56%), Digital Media (39.23%), Cultural Entertainment (11.80%), Alcohol (6.30%), and Marketing & Advertising (1.11%) [2] - The index samples are adjusted semi-annually, with adjustments implemented on the next trading day following the second Friday of June and December each year [2] - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2]

Core Viewpoint - The Guizhou Provincial Market Supervision Administration has called for a meeting with major travel platforms to enforce compliance with pricing laws and regulations, aiming to eliminate price irregularities and maintain a fair market environment [1][4]. Group 1: Regulatory Actions - The meeting involved major travel platforms such as Ctrip, Tongcheng, Douyin, Meituan, and Fliggy, addressing issues like "choose one from two," price manipulation, and price fraud [1][4]. - The administration emphasized the need for these platforms to adhere strictly to laws like the Price Law and the Anti-Monopoly Law, and to enhance self-regulation and compliance [4][5]. Group 2: Compliance Requirements - Platforms are required to conduct comprehensive self-inspections and rectify any violations, including price fraud, price collusion, and abuse of market dominance [4][5]. - Specific guidelines were issued regarding accommodation pricing, including timely adjustments of prices, prohibition of additional charges after booking, and restrictions on unilateral contract cancellations [5]. Group 3: Market Conditions - The Guizhou Provincial Market Supervision Administration has noted a surge in tourism interest in the region, prompting reminders for accommodation providers to set reasonable prices and maintain market order [4].

Core Viewpoint - The Guizhou Provincial Market Supervision Administration has conducted a meeting with five travel platform companies, including Ctrip, Tongcheng, Douyin, Meituan, and Fliggy, to enforce compliance with pricing laws and regulations, aiming to eliminate price irregularities and maintain a fair market environment [1] Regulatory Compliance - The meeting emphasized the need for strict adherence to the Price Law of the People's Republic of China, the Anti-Monopoly Law, and regulations against price fraud [1] - Companies were urged to strengthen self-discipline and compliance measures, and to conduct comprehensive self-inspections to prevent price fraud, price gouging, and collusion [1] Market Monitoring - The Guizhou Provincial Market Supervision Administration will closely monitor the competitive dynamics of the involved platform companies [1] - Companies that violate regulations or fail to rectify issues will face strict legal consequences, including public exposure of typical cases to deter non-compliance [1]