TRIP.COM(HK:09961) Ge Long Hui·2025-08-29 07:17Core Viewpoint - UBS reported that Ctrip Group's Q2 revenue and profit margins exceeded expectations, alongside the announcement of a new stock buyback plan [1] Group 1: Financial Performance - The company is expected to see strong growth in room nights for Q3, supporting a domestic revenue growth rate of approximately 10% [1] - The anticipated recovery in cross-border flight capacity and a high base effect will lead to a normalization of outbound travel revenue growth, projected to reach low single digits in Q3 [1] Group 2: Future Projections - UBS maintains its Q3 revenue and non-GAAP operating profit estimates for Ctrip, forecasting a year-on-year growth of 14% and 32.5% respectively [1] - The target price for Ctrip has been raised from HKD 588 to HKD 660, with a "Buy" rating [1]