They are a global distribution system that allows airline reservations. That market is growing in leaps and bounds in China. They can’t be competed with by North American systems. (Analysts’ target: HK$24.58).
TravelSky Technology Ltd. is a OTC stock, trading under the symbol 0696-HKG on the (). It is usually referred to as or 0696-HKG
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In the last year, there was no coverage of TravelSky Technology Ltd. published on Stockchase.
On , TravelSky Technology Ltd. (0696-HKG) stock closed at a price of $.
Like Amadeus and Sabre, this is a GDS (global distribution) company that helps reservation systems . They have a virtual monopoly in China. Experiential consumption (including travel) is growing rapidly in China and every time a reservation is booked in China, it gives them income. TravelSky is state-owned, but owned by the Chinese airline companies, rather than competing with them. It has a long runway. (Analysts’ price target is 27.09 HKD)