Understanding the Market | Trip.com-S rose nearly 3% during the session after signing a memorandum of understanding with Visit Oman, with broad prospects for the company's overseas market development

Trip.com Group-S's stock price rose nearly 3% during the session, and as of the time of writing, it has increased by 1.95%, reaching HKD 491.8, with a transaction volume of HKD 415 million. Trip.com has signed a three-year memorandum of understanding with Visit Oman, and the two parties will cooperate in areas such as tourism innovation and destination promotion. It is expected that the number of inbound and outbound travelers during this year's "May Day" holiday will reach 2.15 million, with Trip.com's inbound travel order volume increasing by 173% year-on-year. China Merchants Securities expects Trip.com's annual revenue to grow by 14%-15%. Although short-term profit margins may be slightly adjusted downward, the long-term development prospects are broad