Stock Track | Trip.com Plunges 8% as Morgan Stanley Cautions on China Internet Sector

Stock Track10-15

Shares of Trip.com Group Limited, the Chinese online travel services company, plummeted by nearly 8% on Monday, October 15th, amid broader concerns raised by Morgan Stanley over the challenges facing China's internet sector.

In a research report, Morgan Stanley stated that China's debt, demographics, and deflation will continue to pose significant challenges, potentially leading to a "debt-deflation loop" if the consumption stimulus fails to meet expectations. The investment bank cited failed expectations from recent government meetings, further reinforcing its cautious view on the sector.

While Morgan Stanley maintained an Overweight rating on Trip.com, citing its structural tailwinds and potential for growth on consumption recovery, the overall cautious outlook for China's internet valuations weighed heavily on the stock. The bank noted that it will take time for supportive policies to translate into consumer and corporate confidence, creating uncertainty surrounding near-term earnings forecasts for internet companies.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1149856965?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-15 21:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1149856965","market":"us","top_or_hot":-1,"title":"Stock Track | Trip.com Plunges 8% as Morgan Stanley Cautions on China Internet Sector","media":"Stock Track","content":"<p>Shares of Trip.com Group Limited, the Chinese online travel services company, plummeted by nearly 8% on Monday, October 15th, amid broader concerns raised by Morgan Stanley over the challenges facing China's internet sector.</p>\n\n<p>In a research report, Morgan Stanley stated that China's debt, demographics, and deflation will continue to pose significant challenges, potentially leading to a \"debt-deflation loop\" if the consumption stimulus fails to meet expectations. The investment bank cited failed expectations from recent government meetings, further reinforcing its cautious view on the sector.</p>\n\n<p>While Morgan Stanley maintained an Overweight rating on Trip.com, citing its structural tailwinds and potential for growth on consumption recovery, the overall cautious outlook for China's internet valuations weighed heavily on the stock. The bank noted that it will take time for supportive policies to translate into consumer and corporate confidence, creating uncertainty surrounding near-term earnings forecasts for internet companies.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Trip.com Plunges 8% as Morgan Stanley Cautions on China Internet Sector</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Trip.com Plunges 8% as Morgan Stanley Cautions on China Internet Sector\n</h2>\n\n<h4 class=\"meta\">\n\n2024-10-15 21:48 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Trip.com Group Limited, the Chinese online travel services company, plummeted by nearly 8% on Monday, October 15th, amid broader concerns raised by Morgan Stanley over the challenges facing ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09961","symbol_name":"携程集团—S","start_time":0,"source_url":"","article_id":"1149856965","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1149856965","pubTimestamp":1729000115,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Trip.com Group Limited, the Chinese online travel services company, plummeted by nearly 8% on Monday, October 15th, amid broader concerns raised by Morgan Stanley over the challenges facing China's internet sector.In a research report, Morgan Stanley stated that China's debt, demographics, and deflation will continue to pose significant challenges, potentially leading to a \"debt-deflation loop\" if the consumption stimulus fails to meet expectations. The investment bank cited failed exp","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"09961":"携程集团—S"},"translate_title":"摩根士丹利对中国互联网行业发出警告，携程股价暴跌8%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09961":1},"content_text":"Shares of Trip.com Group Limited, the Chinese online travel services company, plummeted by nearly 8% on Monday, October 15th, amid broader concerns raised by Morgan Stanley over the challenges facing China's internet sector.\nIn a research report, Morgan Stanley stated that China's debt, demographics, and deflation will continue to pose significant challenges, potentially leading to a \"debt-deflation loop\" if the consumption stimulus fails to meet expectations. The investment bank cited failed expectations from recent government meetings, further reinforcing its cautious view on the sector.\nWhile Morgan Stanley maintained an Overweight rating on Trip.com, citing its structural tailwinds and potential for growth on consumption recovery, the overall cautious outlook for China's internet valuations weighed heavily on the stock. The bank noted that it will take time for supportive policies to translate into consumer and corporate confidence, creating uncertainty surrounding near-term earnings forecasts for internet companies.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1149856965"}