GX CN GAME&ENT(03117.HK)

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03117.HK
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Trip.com is being investigated for monopoly and previously plummeted by 20%. The fine could reach 4.9 billion, crossing the "choose one from two" red line, with homestays revealing that the platform's commission exceeds half

Trip.com Group has been investigated by the State Administration for Market Regulation of China for suspected monopolistic behavior, with its stock price plummeting nearly 27% within two days. If found guilty, it could face fines of up to 4.9 billion yuan. The investigation involves violations such as "choose one from two" and automatic price adjustments. Trip.com stated that it will actively cooperate with the investigation and that its business operations are running normally. The company has been summoned multiple times last year for imposing unreasonable restrictions on transactions by operators within the platform

Stheadline·
US
TCOM
+0.77%
HK
09961
+1.35%
Stheadline·
US
TCOM
+0.77%
HK
09961
+1.35%

Hong Kong Stock Market Mid-Review | Hang Seng TECH Index rises 2.07%, Meituan up 7.31% leading the way, retail and internet sectors strong, Alibaba and Kuaishou both up over 5%

As of noon, the main indices of the Hong Kong stock market rose collectively, with the Hang Seng Index up 0.86% and the Hang Seng TECH Index up 2.08%. Sectors such as retail, internet content and information, and restaurants showed broad strength, with leading companies like Meituan, Alibaba, and Kuaishou leading the gains. Market funds clearly favored the technology and consumer sectors. Fluctuations in macroeconomic data and the exchange rate of the Renminbi have become the focus of attention, and future trends will need to observe capital flows and policy changes

Market Heartbeat·
HK
00700
-0.72%
Market Heartbeat·
HK
00700
-0.72%

Tencent’s Weixin Pay Partners with Tourism Malaysia to Boost Chinese Visitor Experience

Tencent Holdings Ltd. has partnered with Tourism Malaysia to enhance the travel experience for Chinese visitors through its Weixin Pay platform. This collaboration aims to support Malaysia's tourism industry by integrating digital payment solutions and promoting joint marketing initiatives. Malaysian merchants will benefit from Weixin Pay's tools, offering cashless payment options to Chinese tourists. This initiative is part of efforts to boost Malaysia's visibility in the Chinese market ahead of the Visit Malaysia 2026 campaign.

Reuters·
US
TCEHY
-1.97%
US
TCTZF
-4.53%
HK
00700
-0.72%
Reuters·
US
TCEHY
-1.97%
US
TCTZF
-4.53%
HK
00700
-0.72%

Century Huatong receives loan commitment letter for share buyback

Century Huatong receives loan commitment letter for share buyback

marketscreener·
SZ
002602
-1.92%
marketscreener·
SZ
002602
-1.92%

Bilibili Strikes Cooperation Agreement With Jinjiang Original

Bilibili Inc. has entered into a Comprehensive Cooperation Framework Agreement with Jinjiang Original, effective November 20, 2025. The agreement facilitates ongoing cooperation on normal commercial terms, benefiting Bilibili and its shareholders. No Bilibili director has a material interest in the agreement. This AI-generated news brief is for informational purposes only and not financial advice.

Reuters·
HK
09626
+1.80%
US
BILI
-1.93%
Reuters·
HK
09626
+1.80%
US
BILI
-1.93%
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