Changes in Hong Kong stocks | Ctrip Group-S (09961) rose nearly 5% intraday on the first day of the New Year's Day holiday, the number of people moving people across regions in China is expected to exceed 200 million

The Zhitong Finance App learned that Ctrip Group-S (09961) rose nearly 5% in the intraday period. As of press release, it had risen 4.33% to HK$578, with a turnover of HK$424 million.

According to the news, the latest data released by China's Ministry of Transport shows that on December 31, 2025, the day before the New Year's Day holiday, the entire society moved 207.763 million people across regions, an increase of 33.7% over the previous year and a year-on-year increase of 25.4%. On January 1, 208.13 million people were expected to move across regions throughout society, an increase of 0.2% month-on-month and 21% year-on-year.

Guoxin Securities released a research report saying that in the future, it is expected that overall tourism demand will continue to be released steadily. With perfect product supply and quality service, Ctrip's domestic main station market is stable and the moat is deep. Its share continues to increase, and profit margins are expected to be gradually optimized. At the same time, seizing the overseas development window and entry policy dividends, the international platform has maintained a relatively rapid expansion under a scale-first strategy and has been gradually verified in various regions, driving overall revenue to maintain a growth rate of more than 15%; in addition, the company's large repurchase plans and regular dividend arrangements highlight a positive attitude on the shareholders' return side.