Trip.com Group Ltd (NASDAQ:TCOM) shares are trading higher by 10.4% to $76.26 during Monday’s session. Shares of U.S.-listed Chinese stocks are trading higher following reports suggesting Chinese officials would embrace a ‘moderately loose’ monetary policy.
What To Know: Trip.com, a leading global travel services provider based in China, is primed for a potential stock surge as U.S.-listed Chinese equities gain traction ahead of China's highly anticipated Central Economic Work Conference.
Investors are closely watching as policymakers, led by President Xi Jinping, signal a more proactive fiscal stance and a moderately looser monetary policy for 2025, focusing on boosting domestic consumption and stabilizing key ...