$TRIP.COM-S(09961.HK)
🚨 Trip.com’s Record Penalty: What You Need To Know
The wait is over! Trip.com was hit with a ¥5.18 billion total penalty. The harshest antitrust fine in SAMR history at 7.5% of revenue, nearly double Alibaba’s and 2.5x Meituan’s.
It includes a base fine plus ¥1.66B clawback of illegal gains, and new rules. No exclusivity deals, algorithm overhauls and 3 years of strict compliance reporting.
The good news? Uncertainty is gone.
Based on Trip.com’s strong balance sheet, it can easily absorb this cost. ☺️
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