Tag Archives: ctrp

Ctrip.com To Dominate China Online Travel: Analyst

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

Best Big Tech Stocks Of 2015 Can Ring In 2016 Gains

The best-performing big-cap tech stocks of 2015 are Amazon.com (AMZN), Netflix (NFLX) and Ctrip.com International (CTRP) — all have more than doubled in 2015, and two stand a good chance of further big gains in early 2016. The three are the only tech stocks with a market cap over $10 billion that have at least doubled in 2015. On the final, New Year’s Eve, trading session, Netflix closed up 134.3% for the year, followed by Amazon.com at 117.8% and

Priceline To Increase Stake In China’s Ctrip.com

Priceline Group (PCLN) and an unnamed “long-term equity investment firm” are going to invest $500 million in China-based online travel agency Ctrip.com (CTRP). Priceline and the unnamed firm plan are buying convertible debt offered by Ctrip, as Priceline looks to increase its stake in the world’s largest outbound travel market, China. Ctrip.com stock, however, was down a fraction in early afternoon trading in the stock market today. Priceline