久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Online travel firm Tongcheng-eLong plans HK IPO in Dec

By Zhang Jie | chinadaily.com.cn | Updated: 2018-10-23 13:49
Share
Share - WeChat
In 2017, Tongcheng-eLong recorded a net profit of 194 million yuan. [Photo/VCG]

Chinese mainland online travel agent Tongcheng-eLong is expected to list on Hong Kong stock market in December to raise $1 billion (694 million yuan) via its initial public offerings after a hearing at Hong Kong Exchanges and Clearing Ltd on Oct 25, news portal Sina said on Tuesday.

CMB International Capital Corporation, JPMorgan and Morgan Stanley will act as the IPO's lead underwriters.

The company was formed by travel service companies Tong Cheng Network and E-dragon Holdings Ltd, or eLong, in December, and its major shareholders include Tencent with 24.92 percent and Ctrip with 22.88 percent of the company's shares.

In 2017, the merged entity recorded a net profit of 194 million yuan.

Tong Cheng Network and eLong have differentiated advantages on transport tickets predetermining and hotel booking, respectively, before the two merge.

The two businesses accounted for 91.2 percent and 93.8 percent of the two companies' total revenues, said Sina, citing China Securities.

On Oct 11, Tongcheng-eLong has signed agreement with Air Asia to start deep corporate that allowed the online travel agent users check and book air tickets on Air Asia's platform and can use flight miles to redeem Air Asia's member points.

Sina citing China Securities said the company's revenue growth will be 51.65 percent, 40.85 percent and 29.5 percent during 2018-2020, and the revenue and profit will achieve 14.45 billion yuan and 3.18 billion yuan, respectively.

However, due to Tongcheng-eLong excessive reliance on Tencent to import customers could make company dependent on Tencent. That could influence investors' confidence, said Sina, citing an industry insider.

The company should search new path to develop, such as creating new businesses and core competence, the business insider added.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 久久99国产一区二区三区 | 欧美日韩精品在线视频 | 亚洲爽妇网 | 亚洲精品男人天堂 | 男人的天堂在线观看免费 | 国产综合精品久久亚洲 | 一区二区三区中文字幕 | 欧美三级做爰视频 | 中文字幕或区 | 国产日产久久高清欧美一区 | 日韩美女爱爱 | 手机看片福利永久 | 特黄特色大片免费播放路01 | 毛片高清 | 亚洲精品不卡午夜精品 | 深夜爽爽爽gif福利免费 | 亚洲国产精品久久久久666 | 国产成人精品在线 | 久久只有精品视频 | 特黄女一级毛片 | 女教师的一级毛片 | 成人一级大片 | www操操操 | 91成人在线免费观看 | 自拍理论片 | 国产欧美日韩综合精品无毒 | 很黄很色的免费视频 | 中国人免费观看高清在线观看二区 | 欧美成人爽毛片在线视频 | 国产精品91在线 | 欧美激情精品久久久久久久久久 | 久久精品国产亚洲片 | 97超级碰碰碰久久久观看 | 久久国产精品久久久久久久久久 | 国产综合精品久久亚洲 | 国产一级影片 | 韩国免费特一级毛片 | www.日本免费 | 深夜在线观看大尺度 | 中国美女牲交一级毛片 | 欧美一区二区三区免费 |