Sign in to continue:

Monday, February 2nd, 2026

BYD and Trip.com

Key Stock Analysis

  • Trip.com (9961 HK / TCOM US): The company reported solid 2Q24 results, with net revenue up 13.6% year-on-year (YoY) to CNY 12.8 billion, driven by strong travel demand, particularly in outbound travel. Despite concerns about weak consumer sentiment in China, Trip.com continued to perform well, with significant growth in both domestic and international segments. The company’s share price fell earlier in July due to concerns over a slowdown in its domestic business, but the strong quarterly performance suggests resilience. The report maintains a “BUY” rating with an increased fair value estimate of HKD 521 / USD 67.
  • BYD Co Ltd (1211 HK / 002594 CH): BYD reported a net profit of CNY 13.6 billion for 1H24, a 24% YoY increase. However, the company has been facing pressure from lower average selling prices (ASP) due to intense competition in the market. Despite these challenges, BYD remains focused on innovation, with a strong R&D team and extensive patent holdings. The company is well-positioned for industry consolidation over the next few years, with plans to grow volumes significantly. The report maintains a “BUY” rating with a fair value estimate of HKD 308 / CNY 348.

Investment Recommendations

  • Sector and Stock Picks: The report includes a list of stocks sorted by market capitalization, highlighting those with strong performance and favorable recommendations. For example, DBS Group Holdings Ltd and Oversea-Chinese Banking Corp Ltd are recommended with strong buy ratings, reflecting their stable financial performance and attractive dividend yields.Thank you

Bullish Outlook for Seatrium Ltd in the Short-Term

Seatrium Ltd: Charting a Bullish Course in the Short and Medium-Term Lim & Tan Securities | 24 March 2025 Seatrium Ltd: Bullish Momentum in the Short-Term According to the technical analysis by the research...

Global Fixed Income Outlook October 2025: Rate Cut Optimism, Inflation Risks & Asia Credit Highlights

Broker Name: DBS Date of Report: 9 October 2025 Excerpt from DBS report Report Summary The Federal Reserve signalled potential rate cuts later in 2025, but remains cautious due to persistent inflation risks. US...

IREIT Global Technical Buy: Bullish Reversal Signals Early Uptrend for 2025 – Singapore Retail Research Insights

Broker: CGS International Date of Report: July 24, 2025 Singapore Market Trendspotter: IREIT Global Signals Upside, Elite UK REIT Demonstrates Resilience Market Overview: Optimism Rises Amid Global Trade Progress The global equity markets surged...