BI-TRIP@EC2611B

Ctrip Investigated by SAMR for Suspected Monopoly Practices

Ctrip Data Shows Steady Growth in Domestic Tourism During May Day Holiday

Liang Jianzhang: China's inbound tourism has the potential to be the world's first

Liang Jianzhang Analyzes the Impact of Inbound Tourism on China's GDP

Trip.com Sets Five-Year Inbound Tourism Target and Appoints Jackie Chan as Ambassador

Ctrip Submits its 2025 20-F Annual Report

Ctrip Reports 94% Net Income Growth to RMB 33.39 Billion in FY 2025

Multiple Airlines Implement Strict Control Measures Against OTA Platforms and Ticket Agents

JPMorgan Maintains Overweight Rating on Ctrip

The Capital Group Increased Its Holdings in Ctrip by 897,761 Shares

Citi Maintains Buy Rating on Ctrip's US Shares, Expects Earnings in Line with Expectations

Morgan Stanley Downgrades Trip.com's Revenue and Profit Forecasts and Adjusts Target Price

Cyberspace Administration and National Railway Administration Meet with Seven Platforms Including Ctrip to Ban Ticket Snatching

Jefferies Predicts Ctrip's Q1 Revenue Growth of 14%, Maintains Buy Rating

Ctrip Releases Data: Inbound Tour Orders Increase by Nearly Doubles

Spring Tourism Market in Guangdong Sees a Surge in Family Travel and Educational Tours

Ctrip Prohibits Use of 'Hotel' in Homestay Names

Ctrip Phases Out AI Pricing Tool Amid Antitrust Investigation

Ctrip Director Liang Jianzhang Submits Stock Ownership Declaration

Trip.com Releases Insights on Female Travel: Females Travel More Frequently and Confidently

NTES-S

KWAN YONG

PEIJIA-B

REMEGEN

RADIANCE HLDGS

POP MART

BAOZUN-W

ARCHOSAUR GAMES

XIAOCAIYUAN

HEPALINK

TCOM

09961

AWAY

TRIP.COM-Shas dismissed online rumors of massive layoffs across multiple departments, stating that such claims are untrue. The company's PR department clarified that routine manpower reviews do not indicate impending layoffs. Despite rumors of a 20% workforce reduction in some areas and up to 30% in product R&D, the company maintains that these are not confirmed layoffs. Relevant rumor posts have been deleted.

AASTOCKS News

Trip.com

TRIP.COM-S

ETFMG Travel Tech ETF

Trip.com HK SDR 50to1

TRIP.COM-S Dismisses Online Rumors of Massive Layoffs Across Multiple Departments

BEDZ

Faruqi & Faruqi, LLP is investigating potential claims against Trip.com Group Limited (NASDAQ: TCOM) and reminds investors of the May 11, 2026 deadline to seek lead plaintiff status in a federal securities class action. The complaint alleges that Trip.com executives made false statements regarding regulatory risks, leading to a significant stock drop after an antitrust probe was announced. Investors who suffered losses between April 30, 2024, and January 13, 2026, are encouraged to contact the firm for legal options.

prnewswire

AdvisorShares Hotel ETF

10:12 ETTCOM INVESTOR NOTICE: Faruqi & Faruqi, LLP Reminds Trip.com Group (TCOM) Investors of Securities Class Action Deadline on May 11, 2026

Trip.com Group (NASDAQ: TCOM) is facing a securities class action lawsuit following a 17% drop in its share price due to an investigation by Chinese regulators under the Anti-Monopoly Law. The lawsuit seeks to represent investors who purchased shares between April 30, 2024, and January 13, 2026. Allegations include misleading investors about the risks associated with its AI pricing tool, which reportedly coerced hotel partners into price reductions. The firm Hagens Berman is investigating potential violations of federal securities laws and urges affected investors to come forward.

13:39 ETTCOM 6-DAY DEADLINE ALERT: Trip.com (TCOM) Facing Securities Class Action After AI Pricing Controversy and Anti-Monopoly Probe Sends Shares Tumbling -- Hagens Berman

00425

UOB Kay Hian has added MINTH GROUP and TRIP.COM-S to its Buy list, citing improved investor sentiment and manageable downside risks in the market. The MSCI China Index is trading at a forecast P/E ratio of 11.2x, near its historical average. The report highlights ongoing geopolitical easing and macro policy support for domestic consumption and the property market. Other stocks maintained as Buy include BABA-W, BEONE MEDICINES, and TENCENT, while stop-loss actions were taken on ANTA SPORTS and LI NING.

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LI NING-R

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Tencent

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Tencent Holdings Limited

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UOB Kay Hian Adds MINTH GROUP  and TRIP.COM-S to Buy List

JETS

Rosen Law Firm is reminding investors who purchased Trip.com Group Limited (NASDAQ: TCOM) securities between April 30, 2024, and January 13, 2026, of the May 11, 2026, deadline to serve as lead plaintiff in a securities fraud class action lawsuit. The firm emphasizes that investors may be entitled to compensation without upfront fees. The lawsuit alleges that Trip.com made misleading statements regarding regulatory risks, leading to investor damages when the truth emerged. Interested parties can contact the firm for more information on joining the class action.

Us Global Jets

14:15 ETTCOM Investors Have Opportunity to Lead Trip.com Group Limited Securities Fraud Lawsuit First Filed by the Rosen Law Firm

Faruqi & Faruqi, LLP is reminding investors of Trip.com Group (TCOM) about the May 11, 2026 deadline to seek lead plaintiff status in a federal securities class action. The firm is investigating claims that Trip.com and its executives made misleading statements regarding regulatory risks and antitrust violations, which led to a significant drop in stock value. Investors who suffered losses between April 30, 2024, and January 13, 2026, are encouraged to contact the firm for legal options.

10:34 ETTCOM INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Trip.com Group (TCOM) Investors of Securities Class Action Deadline on May 11, 2026

FLYU

A Skyscanner report reveals that 59% of Singapore travellers are reconsidering their 2026 travel plans due to high flight prices, although 60% remain confident about travelling abroad in the next three months. The report highlights challenges such as finding affordable options and decision paralysis. Despite uncertainties, 91% plan to travel to Europe this summer, with Bangkok being the most popular destination. The report suggests flexibility in travel planning to secure better deals, particularly for flights around August 10.

Businesstimes News

MicroSectors™ Travel 3X Leveraged ETNs

3 in 5 Singapore travellers rethinking travel plans over flight prices: Skyscanner report

Trip.Com Group aims to attract 200 million overseas tourists to China in the next five years, positioning the country as the world's largest inbound tourism market. The company plans significant investments in Europe to promote Chinese tourism, having already attracted 20 million tourists last year. Strategies include promotional booths at airports, influencer marketing, and appointing Jackie Chan as a cultural ambassador. Inbound tourism is expected to drive China's economic growth, despite challenges like language barriers and limited understanding of China among foreign visitors.

Yicai

Invesco Leisure & ENT ETF

Trip.Com to Support China in Becoming World's Largest Inbound Tourism Market, Chairman Says

Multi-city travel in the Asia-Pacific region surged 35% year-on-year during the Labour Day period, according to Trip.com Group data. This growth outpaces single-destination travel, with Southeast Asia seeing significant increases, particularly Thailand at 52%. Over 30% of international trips now involve multiple destinations, reflecting a trend towards more complex itineraries. Japan and South Korea also show strong domestic travel growth. The data indicates a shift towards flexible, value-conscious travel, with travelers increasingly opting for multi-stop journeys to maximize their experiences.

21:00 ETMulti-Destination Travel Surges Across Asia-Pacific This Labour Day, Trip.com Group Data Shows

True, it is too expensive to buy now. Better to stay sideline and observe. Market is always there. Buy with margin of safety and make money 😁.

Fattycat

BABA Return Rate

BABA Diamond Holder

$TRIP.COM-S(09961.HK)Given the wars ongoing with no end in sight, inflation has arrived at most shores. Higher oil prices and food prices are evident in many economies. I think many will be careful on their travel spending and this will affect OTA companies like TRIP.com, Bookings etc..Will be a buyer for TRIP.com at HK$300-$320 to give myself safety margin given the poor macroeconomic conditions. Also the China regulator crackdown is not yet over and will likely see a fine as penalty warning. Watching TRIP.com closely..

Tripadvisor

TRIP ADR US+

HTHT

Financial Analysis

With the asset-light transition advancing and the hospitality &amp; travel sector recovering, Q4 sustained the strong momentum seen in Q3. Results beat expectations.

HWORLD-S

H World

Atour

HTHT: After the reset and rebound, how long can the poster-child status last?---

Ctrip

Conference Minutes

Below is Dolphin Research's transcript summary of $Trip.com(TCOM.US) FY25 Q4 earnings call. For our earnings take, please see 'Trip.com: After the regulatory crackdown, can it stay lean and premium?'I. Review of core financial metrics. II. Detailed call notes.2.1 Management's key messages. 1) Three priority areas for investment.Inbound travel is viewed as a structural growth engine for the platform and destination economies. CSR initiatives: long-term value creation requires ongoing reinvestment in the ecosystem...

Alphabet - C

Alphabet

Direxion Daily Googl Bear 1x Shares

Direxion Daily GOOGL Bull 2X Shares

TCOM (Trans): No update on regulatory issues

In the early hours on Feb 26 in U.S. after-hours, under a regulatory overhang, $Trip.com(TCOM.US) released FY2025 Q4 results. Overall, the print was decent, with revenue growth beating prior guidance and re-accelerating.However, opex increased across the board, rising faster than revenue and dragging GAAP OP below expectations. Details follow:1) Strong, accelerating revenue growth. On revenue, total net revenue rose 21% YoY, marking a YTD high and a clear acceleration vs. last quarter. Growth across business lines was broadly ahead of prior guidance...

JD-SW

JD-SWR

JD HK SDR 10to1

JD.com

ByteDance

TCOM: After the regulatory crackdown, can it remain a lean, high-quality play?

---

TCOM 4Q25 First Take: Results were solid, with both strengths and weaknesses. The highlight is revenue growth beating prior guidance across the board, with a clear acceleration. A minor weakness is expenses ramped meaningfully, especially marketing, pushing GAAP OP below expectations. Given limited disclosure in the release and the market's focus on recent regulatory issues and potential impact, please refer to the upcoming Trans for more detail. Quarter details: Key points below. 1) Total revenue rose nearly 21% YoY, a clear step-up from 15% last quarter and well ahead of guidance and Street. By biz. line, growth picked up across segments. Outperformance came mainly from package tours and Ads &amp; Other, two smaller lines that surprised on the upside. 2) Alongside strong topline, total opex growth accelerated to 23% YoY despite a tough base, outpacing revenue. The main driver was marketing spend, up 30%+.With JD and Fliggy stepping up, while unlikely to dent TCOM's share, they likely raised traffic acquisition pressure, resulting in GAAP OP coming in ~4% below expectations. More detail will be in the upcoming Trans.

Loadedmind

A17U

Ranks in the top 30% of account holders by rate of return
Calculated based on your Longbridge (Singapore) A/C

Rate Of Return

Taking the chance to accumulate a good counter on weakness. Looking to scale in further.$Trip.com HK SDR 50to1(HTGD.SG)

HTGD

Expensive counter to trade. Wait for it to drop more 😁

$Trip.com(TCOM.US) $TRIP.COM-S(09961.HK) Here's what happened: Trip.com is under investigation by China's State Administration for Market Regulation over potential monopoly practices. The company has stated that it will cooperate fully with regulators, comply with all requirements, and maintain normal business operations. In terms of market share, the Trip.com Group (including Qunar) holds close to 70% of the GMV in China’s online travel market, with its main platform alone accounting for 56%. Competitors such as Tongcheng, Meituan, Fliggy, and Douyin hold market shares of 15%, 13%, 8%, and 3%, respectively. It is important to note that while holding a dominant market position is not illegal, abusing such a position violates antitrust regulations. Industry-wide scrutiny is intensifying: tourism and homestay associations in regions like Yunnan and Huangshan have launched anti-monopoly initiatives, and authorities have summoned multiple online travel platforms—including Trip.com—for discussions. Market sentiment may remain cautious as the situation evolves. However, the most significant regulatory risks appear to have been largely factored into current valuations.

Today’s Key News Recap

0114 | Dolphin Research Focus: 🐬 Macro/Industry 1) The China Chamber of Commerce to the EU said talks on the EU's anti-subsidy probe into Chinese EVs have made solid progress, with the EU set to replace countervailing duties with price undertakings. Eligible Chinese auto exporters can apply for assessment to obtain tariff exemptions, and the framework follows WTO rules and the non-discrimination principle, giving exporters clearer visibility for shipments to Europe. This helps defuse the China‑EU auto trade dispute, benefits major exporters such as BYD and SAIC, and supports value‑chain and supply‑chain stability.2) With CSRC approval, the Shanghai, Shenzhen and Beijing exchanges issued a notice to adjust the margin requirement for margin financing. The notice adjusts the margin requirement ratio...

Science Applications

BOYD Gaming

BYD COMPANY

BYD Company Limited

BYD Company

BYD COMPANY-R

NVIDIA

Taiwan Semiconductor

SAIC Motor

Roblox

BYD HK SDR 10to1

US 'easing' on H200 chips hits a wall; TCOM tumbles late on antitrust probe | Daily News Recap

1118 | Dolphin Research Focus: 🐬 Macro 1. Today, both Hong Kong and A-shares collectively declined as the market's expectation for a December rate cut by the Federal Reserve continued to decrease. According to CME's &#34;FedWatch&#34;, the probability of a 25 basis point rate cut by the Federal Reserve in December has dropped to 42.9%, previously exceeding 70%. Federal Reserve Governor Waller also stated that if the job market rebounds, the necessity for an insurance rate cut will diminish. Additionally, the sell-off pressure on tech stocks and the Japanese bond market faced a sell-off wave due to concerns that the Kishida government will implement a large-scale fiscal expansion plan. Under multiple factors, global markets collectively declined...

Luckin Coffee

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BOSS ZHIPIN-W

XPENG-W

LEAPMOTOR

BIDU-SW

XIAOMI-WR

Xiaomi Corporation

Kanzhun

XPeng

BIDU-SWR

Xiaomi HK SDR 2to1

Baidu HK SDR 10to1

Baidu

Global Markets Hit by 'Cold Wave'; Google AI Advances in Travel Services Track | Today's Important News Recap

The following are the minutes of the FY25Q3 earnings call for $Trip.com(TCOM.US) organized by Dolphin Research. For an interpretation of the earnings report, please refer to &#34;Trip.com: Awaiting the Release of Overseas Profits.&#34; I. Review of Core Financial Information II. Detailed Content of the Earnings Call 2.1 Key Information from Executive Statements 1. Strong Market Demand: The global tourism industry is booming, with travel enthusiasm surging. Travel demand is skyrocketing, primarily driven by the robust vitality of domestic tourism in China and the steady recovery of outbound travel. Travelers are actively exploring new destinations, seeking authentic and in-depth cultural experiences...

Direxion Auspice Broad COM

Planet Labs

Reliance

Ameriprise Financial

Cambria Tail Risk

ING Groep

Expedia

Pictet Emerging Markets Rising Ecos ETF

Ctrip (Minutes): Marketing expenses will continue to rise in the peak season of 4Q

BI-TRIP@EC2611B(28990.HK)

TRIP.COM-S Dismisses Online Rumors of Massive Layoffs Across Multiple Departments

10:12 ETTCOM INVESTOR NOTICE: Faruqi & Faruqi, LLP Reminds Trip.com Group (TCOM) Investors of Securities Class Action Deadline on May 11, 2026

13:39 ETTCOM 6-DAY DEADLINE ALERT: Trip.com (TCOM) Facing Securities Class Action After AI Pricing Controversy and Anti-Monopoly Probe Sends Shares Tumbling -- Hagens Berman

UOB Kay Hian Adds MINTH GROUP and TRIP.COM-S to Buy List

14:15 ETTCOM Investors Have Opportunity to Lead Trip.com Group Limited Securities Fraud Lawsuit First Filed by the Rosen Law Firm