Trip.com stock sinks nearly 18% after China antitrust probe notice — what investors watch now
Trip.com’s U.S.-listed shares plunged 17.7% to $62.26 after China’s market regulator opened an antitrust investigation into the company. The State Administration for Market Regulation is probing suspected abuse of market dominance but has not detailed the allegations. Trip.com said operations continue as normal and pledged cooperation. Hong Kong shares fell 6.5% earlier in the day.