The probe, which centers on alleged abuse of a dominant market position in China’s online travel sector, introduces regulatory uncertainty that could affect how Trip competes and grows in core markets.
On this news, Trip.com’s stock price fell as much as 18% during intraday trading on January 14, 2026, thereby injuring investors.
Announcement from Trip.com Group:
Trip.com Group Limited announced that it has received a notice of investigation from the State Administration for Market Regulations of the People's Republic of China (the "SAMR").
According to the notice, the SAMR has commenced an investigation involving the Company pursuant to the Anti-Monopoly Law of the People's Republic of China.
The Company will actively cooperate with the investigation. Its business operations remain normal.