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9961 Trip.com News Story

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US-listed shares of Trip.com fall after Chinese probe over suspected monopoly

** U.S.-listed shares of Chinese online travel company Trip.com TCOM.O 9961.HK slip 15% to $64.16 premarket

** China's market regulator launches investigation into co over alleged monopolistic practices

** TCOM is suspected of exploiting its dominant market position, State Administration for Market Regulation says in its statement

** Chinese anti-monopoly law allows regulators to impose fines between 1% to 10% of its previous year's annual revenue for violations

** TCOM said it was "actively" co-operating with investigation and would "fully implement regulatory requirements"

** 29 of 32 brokerages rate stock "buy" or higher, three "hold"; their median PT is $87.5 - LSEG data

** TCOM has gained 5.2% in 2026

 (Reporting by Avinash P in Bengaluru)

 ((Avinash.P@thomsonreurters.com))

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