Trip.com CEO positive about travel industry outlook ahead of Hong Kong listing
SCMP, 19 Apr 2021
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The Shanghai-based travel company Trip.com has priced its Hong Kong initial public offering at HK$268, a two per cent discount to its New York closing price overnight. The listing aims to raise about US$1.1 billion. The 17-year-old firm, which operates booking sites such as Ctrip.com, Skyscanner and Qunar, is betting on being among the beneficiaries of a predicted rebound in global travel as the Covid-19 pandemic partially subsides in some markets. CEO Jane Sun spoke to the South China Morning Post about the future of travel.
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The Shanghai-based travel company Trip.com has priced its Hong Kong initial public offering at HK$268, a two per cent discount to its New York closing price overnight. The listing aims to raise about US$1.1 billion. The 17-year-old firm, which operates booking sites such as Ctrip.com, Skyscanner and Qunar, is betting on being among the beneficiaries of a predicted rebound in global travel as the Covid-19 pandemic partially subsides in some markets. CEO Jane Sun spoke to the South China Morning Post about the future of travel.
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