[ET Net News Agency, 16 July 2026] Macquarie lowered the target price for Tongcheng Travel (00780) to HKD18.1 from HKD18.7 and maintained the "outperform" rating.
The research house said Tongcheng will continue to benefit from stronger-than-industry ADR trends, supported by lower-tier customer mix. (rc)
The research house said Tongcheng will continue to benefit from stronger-than-industry ADR trends, supported by lower-tier customer mix. (rc)