US Stock Market Move | Trip.com Group Ltd. Sponsored ADR (TCOM.US) rose more than 3%, Chinese companies may benefit from more public holidays in 2025.

On Friday, Trip.com Group Ltd. Sponsored ADR (TCOM.US) rose more than 3% to $67.14. Citigroup analysts stated in a research report that with an increase in public holidays in China by 2025, and local governments possibly issuing more tourism-related consumer vouchers, Trip.com Group Ltd. Sponsored ADR could benefit. They predict that the revenue of this Chinese online travel platform will grow by 15% by 2025. These analysts suggest that due to the lower base of outbound tourism in the same period in 2024, and if the Chinese New Year holiday is longer this year, Trip.com Group Ltd. Sponsored ADR's revenue in the first quarter might achieve robust growth.