As demand for domestic and inbound travel in the US was weaker than expected at the beginning of this year, Yibai Group lowered its full-year forecast for total bookings and revenue. The company currently expects total bookings and revenue to grow by 2% to 4% in 2025, which is lower than the 4% to 6% increase previously anticipated. Yike Bank's first-quarter results and second-quarter expectations fell short of Wall Street expectations, and its stock price fell 9.2% in pre-market trading on Friday. “Demand in the US market in particular is weaker than expected, which is a negative factor given that two-thirds of our business comes from the US,” Schenkel said during the conference call. He also added that inbound bookings from Canada fell by nearly 30%, leading to a 7% drop in overall inbound travel bookings in the US. Following the announcement of results and expectations, the stock price of China Passenger Bank fell 9.2% in pre-market trading on Friday.

As demand for domestic and inbound travel in the US was weaker than expected at the beginning of this year, Yibai Group lowered its full-year forecast for total bookings and revenue. The company currently expects total bookings and revenue to grow by 2% to 4% in 2025, which is lower than the 4% to 6% increase previously anticipated. Yike Bank's first-quarter results and second-quarter expectations fell short of Wall Street expectations, and its stock price fell 9.2% in pre-market trading on Friday. “Demand in the US market in particular is weaker than expected, which is a negative factor given that two-thirds of our business comes from the US,” Schenkel said during the conference call. He also added that inbound bookings from Canada fell by nearly 30%, leading to a 7% drop in overall inbound travel bookings in the US. Following the announcement of results and expectations, the stock price of China Passenger Bank fell 9.2% in pre-market trading on Friday.