GoodwillBloom

Asia Travel Companies related to China's easing of Covid restric

Long
GoodwillBloom Updated   
NASDAQ:TCOM   Trip.com Group Limited
As China re-opening the border and eases the COVID restrictions, I am speculating that millions of tourists will splurge at travel companies.

Within half an hour of China’s announced policy change, searches for travel abroad surged to a three-year high, according to Trip.com Group.

As the travel volume goes back to normal due to Chinese money coming back in, I am suggesting to eye for the following companies. Moreover, the holiday season is coming for China, and people tend to spend more on travel and other activities.

Trip.com Group Limited (NASDAQ: TCOM):

Trip.com is a Shanghai-based travel service provider that offers accommodation reservations, transportation ticketing, packaged tours, corporate travel management, and other travel-related services in China and internationally.
Trade active:
Entry - 35.710
SL - 33.349
TP - 42.805
Trade closed manually
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.