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: 99热久久国产精品免费观看 | 中文字幕无线精品乱码一区 | 久久爱99re| 91精品国产免费久久久久久青草 | 97视频在线观看免费播放 | 欧美性猛交xxxxx按摩国内 | 欧美野外性xxxxfeexxxxx | 国产成人精品免费视频网页大全 | 国内精品国语自产拍在线观看55 | 亚洲欧美成人综合在线 | 99re6这里有精品热视频在线 | www黄网站| 午夜欧美成人香蕉剧场 | 成人福利在线 | 美女一级毛片毛片在线播放 | 精品一久久香蕉国产线看播放 | 国产91综合 | 国产精品久久久久影院 | 国内精品2020情侣视频 | 9久9久女女热精品视频免费观看 | 精品成人毛片一区二区视 | 不卡一区二区在线观看 | 日韩美女视频在线观看 | wwwav在线| 天天五月天丁香婷婷深爱综合 | 性久久久久久久久 | 亚洲欧美国产视频 | 免费久久精品视频 | 一级特黄一欧美俄罗斯毛片 | 99国产高清久久久久久网站 | 久久视频精品53在线观看 | 国产高清视频在线观看 | 中文字幕欧美日韩一 | avtt亚洲一区中文字幕 | 男人天堂网在线视频 | 日本黄色官网 | 久久久一区二区三区 | 五月久久亚洲七七综合中文网 | 亚洲综合图片人成综合网 | 成人欧美一区二区三区视频 | 一级视频在线 |