Core Insights - Ctrip reported a net profit attributable to shareholders of 9.123 billion yuan for H1, representing a year-on-year increase of 12.01% [1] - Total revenue reached 28.673 billion yuan, showing a year-on-year growth of 16.19% [1] - The company completed its previously announced $400 million shareholder return plan ahead of schedule and approved a new buyback plan of up to $5 billion in August 2025 [1] Financial Performance - In Q2 2025, Ctrip's revenue was 14.8 billion yuan, reflecting a year-on-year increase of 16.2%, exceeding expectations by 1.5% [1] - The accommodation business outperformed expectations, primarily driven by strong domestic travel demand [1] Market Reaction - Following the positive earnings report, Ctrip's stock surged over 5%, ranking among the top gainers in the Hang Seng Index [1] - The tourism sector in the A-share market showed active performance, with the tourism ETF (562510) rising over 1% at one point, and leading stocks such as Spring Airlines (601021) and China Eastern Airlines (600115) also performing well [1]