10 Best Chinese Stocks to Buy According to Billionaires

6. Trip.com Group Limited (NASDAQ:TCOM)

No. of Billionaire Investors: 10

Total Billionaire Stake: $651.3 Million

No. of Hedge Fund Holders: 51

Trip.com Group Limited (NASDAQ:TCOM) is a premier online travel agency (OTA) that is mainly engaged in the operation of a one-stop travel platform. Trip.com Group’s platform integrates a comprehensive suite of travel products and services and differentiated travel content. The company operates under two primary brands: C-Trip, which dominates the Chinese travel market, and Trip.com, its rapidly expanding international arm.

Trip.com Group Limited (NASDAQ:TCOM) posted strong results in 2024, especially in the international segment, which experienced revenue growth of 70% year-over-year.  The international expansion holds much importance for Chinese companies as investors value international revenue streams at a premium compared to Chinese earnings. In 2024, the company posted a net revenue of RMB 53.3 billion, a 20% increase from a year ago.

TripGenie, an AI tool, experienced a 200% increase in traffic and a 100% surge in browsing time in 2024. This shows how users are welcoming Trip.com’s AI tool, using it to manage their trips. The company also saw outbound hotel and air ticket bookings exceed 2019 levels by 120%, outperforming the industry by 30% to 40%.