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listed shares of Trip.com rise after Q2 results



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** U.S.-listed shares of travel service provider Trip.com 9961.HK, TCOM.O rise 8.6% to $45.99 premarket

** Its Q2 net income rose to $535 mln from $91 mln a year ago

** On an adjusted basis, the company reported a profit of $1/shr vs $0.70/shr a year earlier

** "Accommodation bookings on the company's Chinese sites grew by approximately 20% year over year, primarily driven by robust growth in both outbound and domestic travel" - TCOM

** "We are pleased with ... the resilience of travel consumption in China," said CEO Jane Sun

** Out of 30 brokerages covering the stock, 29 rate it "buy" or higher; their median PT is $65 - LSEG

** YTD, TCOM up 17.6% vs 15% fall in shares of peer Airbnb ABNB.O



Reporting by Abhinav Parmar in Bengaluru

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