Tag Archives: ctrp

Vipshop, Ctrip Lead 4 Top Chinese Stocks Rising Late On Earnings

Flash seller Vipshop (VIPS), online travel site Ctrip (CTRP), Web gaming player NetEase (NTES) and drug testing outsourcer WuXi Pharmatech (WX) rose as the Chinese stocks reported strong earnings late Wednesday. That followed strong results from Chinese Internet giant Tencent (TCEHY) before the open. Vipshop Holdings: The Chinese flash discount online retailer’s Q1 EPS more than doubled to 13 cents, beating estimates by 3 cents, led by mobile

Ctrip Soars On Outlook, Q4 Beat, But Costs Jump

Chinese travel portal Ctrip.com International (CTRP) stock surged Friday after the company projected better-than-expected revenue for the current quarter and posted Q4 earnings that topped Wall Street expectations. Amid intense competition, the company says it is investing heavily in more than a dozen key initiatives, from building its brand name to improving travel financing services. Ctrip late Thursday reported that its product development

Ctrip Stock Jumps On Hot Q1 Revenue Guidance

Ctrip.com International (CTRP), a leading Chinese travel site, reported better-than-expected fourth-quarter results late Thursday and predicted its best revenue growth in years, sending its stock higher in after-hours trading. Ctrip reported an adjusted loss of 26 cents a share — or an 11-cent loss excluding stock compensation. Either way, it topped Wall Street forecasts of a 28-cent loss. Revenue rose 30% to $308.4 million. In local currency,