Scalper1 News
Ctrip.com (CTRP) is set to dominate China’s online travel market, according to a Nomura research report Friday in which the investment bank initiated coverage of Ctrip stock with a buy rating and price target of 50. With its majority stake in Qunar (QUNR) — Nomura analyst Jialong Shi estimates that the stake is 70% to 80% — and its controlling interest in eLong (LONG), another Chinese travel site, Ctrip and the companies that it governs controlled Scalper1 News
Scalper1 News