FAST NEWS: Mid-sized U.S. Investor Increases Tongcheng Travel Stake
The latest: Mid-sized U.S. fund manager Brothers Harriman & Co. disclosed it purchased 7.155 million shares in Tongcheng Travel Holdings Ltd. (0780.HK), raising its stake to 5.3%, above the 5% threshold that…
Trip.com, Tencent Under Pressure to Sell Tongcheng Stakes?
New filing shows Trip.com’s longtime stake in Tongcheng fell slightly after years of staying the same Key Takeaways: A new stock exchange filing shows a slight reduction in leading online…
Online Travel Agent Tongcheng-Elong Gets Lift from T. Rowe Price
Company reports second-quarter revenue rose 78% year-on-year, as US fund manager separately discloses its purchase of a 5% stake Key Takeaways: Tongcheng-Elong has rebounded from the pandemic more quickly than…