Market Chatter: Trip.com Launches Space Trip Package for 5.1 Million Yuan; Shares Fall 3%

MT Newswires Live11:14

Trip.com (HKG:9961) has launched a six-day space travel package for around 5.1 million yuan, according to a Wednesday report by the South China Morning Post.

The report said the online travel company announced the package details on its mainland China platform, Ctrip. It plans to offer a 90-minute suborbital flight operated by Virgin Galactic, flying from Las Cruces, New Mexico.

The six-day package includes four days of training, with takeoff scheduled for the fifth day, the report said. It covers only the space flight and accommodation, and participants must pay separately for U.S. flight tickets, visas, insurance, and other related expenses.

The launch is expected next year, and at least two customers have booked the package through Ctrip, according to the report.

The company's shares were down nearly 3% on the HKEX in Thursday's late-morning trade.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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.

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