US-listed shares of Trip.com plummet after Chinese probe into alleged monopoly

Trip.com

14/01/2026 14:50

Updates

** U.S.-listed shares of Chinese online travel company Trip.com TCOM.O 9961.HK slip 17.8% to $62.23, a six-month low

** China's market regulator launches investigation into TCOM over alleged monopolistic practices; says co is suspected of exploiting dominant market position

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

** TCOM says it is "actively" cooperating with investigation and will "fully implement regulatory requirements"

** 29 of 32 brokerages rate stock "buy" or higher, 3 "hold"; median PT is $87.5 - LSEG data

** Including session's moves, TCOM down 13.2% so far in 2026

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreurters.com))