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Ctrip.Com International, Ltd Investment Thesis Essay Preview: Ctrip.Com International, Ltd Investment Thesis Report this essay This document is being provided for the exclusive use of JIALING QIU at CHINESCEomUplNeteIVd E2R3SMIaTy Y201O8 F06:H39OPMNHGKTKONG, TH[pic 5]Disseminated 23 May 2018 06:41 PM HKTAsia Pacific Equity Research23 May 2018Ctrip.com International, Ltd Neutral[pic 6]Further downside risk from de-bundling seems limited;Price: $43.44lack.