Trip.com shares surged 17% in premarket trading.
China will halve to seven days its COVID-19 quarantine period for visitors from overseas, with a further three days spent at home, health authorities said on Tuesday.
The change came in the National Health Commission's latest guideline on measures against the disease.
Following seven days spent in centralised facilities, travellers face three days of at-home medical observation, it added, versus seven previously.
Stocks of tourism and catering in Hong Kong rallied and Trip.com soared more than 20%.
Trip.com posts flat growth in Q1 revenue at 4.1 bln yuan ($612.24 mln), while loss from operations narrowed to 359 mln yuan from 787 mln yuan loss the same period a year ago; non-GAAP net loss attributable to shareholders also reduced to 36 mln yuan from 204 mln yuan loss in Q1 2021
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