Haitong International: Upgrade Same Trip Travel (00780.HK) Target Price to HK$30, Reiterate "Outperform" Rating.

According to Sina Finance APP, Haitong International has released a research report stating that Trip.com (00780.HK) has seen a 10% year-on-year increase in revenue for the second quarter, which is basically in line with market expectations and within the company's guidance range. Adjusted net profit increased by 18% year-on-year, which is 3.4% higher than expected. The bank maintains its "outperformance" rating and has raised its target price from 27 Hong Kong dollars to 30 Hong Kong dollars.