12 Best Asian Stocks to Buy According to Hedge Funds

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

Number of Hedge Fund Holders: 40

Trip.com Group Limited (NASDAQ:TCOM) ranks among the best Asian stocks to buy. On August 29, JPMorgan boosted its price target for Trip.com Group Limited (NASDAQ:TCOM) to $90 from $75, maintaining an Overweight rating on the stock. The upgrade comes after Trip.com Group reported strong second-quarter 2025 results and a positive financial outlook for the third quarter of 2025.

According to the firm, Trip.com Group Limited (NASDAQ:TCOM) has lagged behind the sector average by 10 percentage points over the last three months due to investor concerns over JD’s prospective entry into the China domestic OTA market.

However, JPMorgan believes Trip.com Group Limited (NASDAQ:TCOM) has a solid position as a market leader in online travel agencies, with a strong presence among mid- to high-end consumers, enabling it to capitalize on numerous key opportunities, including ripple effects from an A-share rise.

Global travel service company Trip.com Group Limited (NASDAQ:TCOM) provides end-to-end solutions for the corporate travel, lodging, tour, and transportation sectors.

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