HS-TRIP@EC2602A

Ctrip and Gaode Taxi Investigated and Interviewed by Regulators

Capital Group Reduces Position in Ctrip by HKD 1.494 Billion

Citibank Maintains Buy Rating on Ctrip and Tongcheng, Sees Limited AI Impact on Tourism in the Near Term

Ctrip Predicts Significant Increase in Travel Bookings During the 2026 Spring Festival

Ctrip Aims to Expand Influence in Asia-Pacific

BOA Securities Forecasts Q4 Earnings for Ctrip and Adjusts Target Price

Analysts Raise Trip.com Group's Target Price to $90

Chinese authorities launch anti-monopoly investigation into Ctrip

Ctrip's Aggressive Discount Strategy Leads to Hotel Price Decline and Anti-Monopoly Investigation in China

SAMR Investigates Ctrip for Suspected Monopoly Behavior

Ctrip Under Chinese Government Antitrust Investigation

Morningstar Maintains Trip.com's Fair Value, Analyzes Risks and Advantages

Hong Kong stocks showed a volatile trend this morning

Ctrip's Price Differentiation for Flights and Hotels Sparks User Complaints

SAMR launches anti-monopoly investigation into Ctrip

UBS Report Sees Steady Growth in Ctrip's Business Lines in 2026

Ctrip Announces Entry into the Global High-End Tourism Market

Ctrip's Smart Engine 3.0 Achieves Scale Deployment, Boosting Partner Efficiency and Income

Citizen Securities Maintains Buy Rating on Trip.com with a Target Price of HKD 660

Shenzhen sees significant growth in tourism revenue and visitor numbers during New Year's holiday

STARCOIN GROUP

HEALTHYWAY INC

XINHUA LANDE

WALNUT CAP

CHINA PPT INV

PPS INT'L

HING LEE (HK)

KNOWLEDGE ATLAS

WAI CHUN GROUP

MINIMAX-WP

09961

AWAY

HTGD

FLYU

TCOM

Rosen Law Firm is investigating potential securities claims for shareholders of Trip.com Group Limited (NASDAQ: TCOM) due to allegations of misleading business information. Investors who purchased TCOM securities may be eligible for compensation through a class action lawsuit. Following a report of an antitrust probe by Chinese regulators, TCOM's stock fell 17% on January 14, 2026. Interested investors can contact the firm for more information on joining the class action.

MorningStar

TRIP.COM-S

ETFMG Travel Tech ETF

Trip.com HK SDR 50to1

MicroSectors™ Travel 3X Leveraged ETNs

Trip.com

TCOM Investor News: Rosen Law Firm Encourages Trip.com Group Limited Investors to Inquire About Securities Class Action Investigation - TCOM

09888

The NASDAQ Golden Dragon China Index initially closed down 2.9%. Among popular Chinese concept stocks, Tencent Music initially closed down 10%, Trip.com fell 6%, KE dropped 5.8%, Bilibili, Baidu, CSI Solar, and YUM China fell over 4%, Alibaba dropped 3.4%, Atour rose 1.2%, and Century Internet rose 3.7%

Wallstreetcn

BIDU-SW

Invesco Golden Dragon China

Tencent Music

Global X E-commerce ETF

BABA 2x Long Daily ETF - GraniteShares

Guotai MSCI China A ESG General ETF

YUM China

Roundhill China Dragons ETF

NASDAQ Golden Dragon China Index

Baidu

ALI HEALTH

BILIBILI-W

YUM CHINA

BEKE-W

CSI Solar

Alibaba

KraneShares 2x Long BABA Daily ETF

Yinhua MSCI China A ETF

BABA-W

Bilibili

Direxion FTSE China Bull 3X

TME-SW

02513

03986

00100

01072

00020

01876

00992

03690

09999

KNOWLEDGE ATLAS(02513) rose 28.68%, with a trading turnover 2.6 Billion HKD, and a year-to-date rose 246%. GIGADEVICE(03986) rose 20.95%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 121%. BUD APAC(01876) fell 5.21%, with a trading turnover 245.6 Million HKD, and a year-to-date rose 3.2%. LENOVO GROUP(00992) fell 4.56%, with a trading turnover 2.3 Billion HKD, and a year-to-date fell 2.8%.

Top Gainers & Losers

GIGADEVICE

DONGFANG ELEC

SENSETIME-W

BUD APAC

LENOVO GROUP

MEITUAN

NTES-S

Top 5 HK Stock Gainers/Losers (>100B) (2.12)

TRIP

Trip.com Group and Tripadvisor China co-host the 2026 Global Influencers' China Travel Campaign, celebrating Chinese New Year. The initiative invites global influencers to explore seven cities—Wuhan, Changsha, Sanya, Changzhi, Huangshan, Zigong, and Yibin—showcasing festive scenery, traditions, and flavors. Launched on January 23 in Zigong, the campaign promotes cultural exchange through social media challenges, encouraging participants to capture the essence of the holiday. Each city offers unique experiences, from historical sites to culinary delights, inviting the world to join in the celebration of this cherished festival.

Newsfile Corp.

Tripadvisor

Global Influencers Unite in the Spirit of the Chinese New Year, Co-hosted by Trip.com Group and Tripadvisor China

02359

09899

MPNGY

603259

02269

The Hong Kong stock market was under pressure in the morning session, with the Hang Seng Index down 242 points, closing at 27,023 points. The National Index fell by 89 points, and the Hang Seng Tech Index dropped by 92 points. Technology stocks generally declined, with Trip.com, Meituan, and NetEase experiencing significant losses. SenseTime rose 5.2% against the trend. Market expectations for a Federal Reserve rate cut have cooled, leading to a slight decline of 66 points in the Dow Jones Industrial Average

AASTOCKS

WUXI APPTEC

NETEASE MUSIC

Meituan

WuXi AppTec

WUXI BIO

NetEase

"Hong Kong Stocks" Hang Seng Index fell 242 points in the half-day, with technology investment stocks leading the decline, while domestic property and WuXi AppTec stocks performed well

02618

06618

The Beijing Municipal Administration for Market Regulation has conducted interviews with 12 major online ticket platforms, including Ctrip and JD.com, to address irregularities in online train ticket sales. Regulators have mandated these platforms to stop misleading promotions and ensure clear pricing, while also cracking down on illegal practices like fraudulent ticket grabbing to protect consumer rights.

- The Beijing Municipal Administration for Market Regulation held interviews with 12 major online ticket-selling platforms to discuss irregularities in online train ticket sales.  
- Regulators mandated the prohibition of misleading promotions and the removal of products suspected of false advertising, while emphasizing price transparency.  
- Authorities plan to enhance enforcement against illegal practices and promote standardization to protect consumers' rights in the ticketing industry.

动点科技英文源

JD LOGISTICS

JD HEALTH

KraneShares 2x Long JD Daily ETF

JD-SW

JD.com

China tightens oversight of online ticket platforms, targets paid priority purchase claims

TCEHY

000858

02319

02282

00700

JP Morgan released a report reiterating the bullish trade on Chinese consumption during the Lunar New Year period, expecting the Chinese yuan to appreciate by 1.1% against the US dollar by 2026. The report listed a recommended list of Chinese consumption concept stocks ahead of the Lunar New Year, including Tencent, LAOPU GOLD, MGM CHINA, TAL Education, TRIP.COM, HAI TIAN, Moutai, MENGNIU DAIRY, and WLY, all rated as overweight with varying target prices

Tencent

MENGNIU DAIRY

iShares China Large Cap

MGM CHINA

iShares MSCI China

HAI TIAN

Moutai

LAOPU GOLD

Krne Csi China Internet

Tencent Holdings Limited

Huaan Yifu Gold ETF

China Merchants CSI Liquor Index Fund-A

TENCENT

JP Morgan lists recommended Chinese consumer concept stocks for the Lunar New Year (Table)

In Singapore on February 9, 2026, Trip.com Group Limited, a prominent travel service provider, is set to reveal its financial performance for the fourth quarter and full year. The company, listed on Nasdaq under TCOM and on HKEX as 9961, offers a comprehensive range of travel services including accommodation booking, transportation ticketing, package tours, and corporate travel management. The announcement will cover key figures and insights for investors and stakeholders to assess the company's performance during the specified period.

Unusual Whales

Trip.com Group Limited will report Q4 and full year 2025 financial results on Feb 25, 2026 (Nasdaq: TCOM; HKEX: 9961).

JETS

BEDZ

Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) will report its fourth quarter and full year 2025 financial results on February 25, 2026, after market close. A conference call will follow at 7:00 PM U.S. Eastern Time, available via live webcast. Participants must pre-register to join the call. Trip.com is a leading global travel platform offering a range of travel services and products, aiming to enhance the travel experience for users worldwide.

StockTitan

Invesco Leisure & ENT ETF

Us Global Jets

AdvisorShares Hotel ETF

Trip.com Group Limited to Report Fourth Quarter and Full Year of 2025 Financial Results on February 25, 2026 U.S. Time | TCOM Stock News

00780

Citi released a research report stating that TONGCHENGTRAVEL will not benefit from the antitrust investigation of Trip.com, maintaining a "Hold" rating. The report mentioned that Chinese OTAs have strict control over the supply chain, and agency-based artificial intelligence is common in the United States, but it is not an imminent risk in China. It is expected that TONGCHENG's hotel management business will play a more important role in revenue growth by 2026, with a target price maintained at 22 yuan

TONGCHENGTRAVEL

In "The Big Banks," Citigroup: TONGCHENGTRAVEL is unlikely to benefit from the Ctrip antitrust investigation, maintaining a "Hold" rating

Citigroup released a research report indicating that the stock price adjustments of Trip.com and TONGCHENGTRAVEL are partly due to investors' concerns about agent-based artificial intelligence (AI). The report believes that in the short to medium term, AI will have little impact on the online travel industry, as leading platforms have strong bargaining power and can offer better prices. Nevertheless, online travel platforms may collaborate with large language model applications to maintain their market position. Citigroup maintains a "Buy" rating on Trip.com and TONGCHENGTRAVEL, with target prices of $82 and HKD 28, respectively

Citi: Short to medium-term agency-style AI has little impact on the industry, maintains "Buy" rating for Trip.com and TONGCHENGTRAVEL

01171

09980

01898

00670

00753

01347

01772

YANKUANG ENERGY(01171) rose 10.58%, with a trading turnover 1.6 Billion HKD, and a year-to-date rose 29.3%. EASTROC(09980) rose 9.53%, with a trading turnover 819.7 Million HKD, and a year-to-date rose 11.2%. MINIMAX-WP(00100) fell 8.43%, with a trading turnover 691.1 Million HKD, and a year-to-date rose 222.4%. KNOWLEDGE ATLAS(02513) fell 6.58%, with a trading turnover 254.1 Million HKD, and a year-to-date rose 95.5%.

YANKUANG ENERGY

EASTROC

CHINA COAL

CHINA EAST AIR

AIR CHINA

HUA HONG SEMI

GANFENGLITHIUM

Top 5 HK Stock Gainers/Losers (>100B) (2.4)

Travel platform stocks are under pressure, with Trip.com falling 5.49% to HKD 458.2, and Meituan hitting a nearly two-year low, currently at HKD 91.2, down 2.15%. The Hong Kong stock market opened lower, with the Hang Seng Index down 158 points to 26,676 points, with a turnover of HKD 119.278 billion

Travel platform stocks under pressure, Trip.com down over 5%, Meituan hits nearly two-year low

Loadedmind

NVIDIA

Total asset size ranks among the top 50% of account holders
Calculated based on  your Longbridge (Singapore) A/C

Total Assets

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

TRIP ADR US+

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

2026 Resolution-Trade like professional . Do not FOMO. Keep more cash.

Fattycat

BABA Return Rate

BABA Diamond Holder

$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.

BABA-WR

Alibaba HK SDR 5to1

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

Alphabet - C

Alphabet

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

HS-TRIP@EC2602A(19361.HK)

TCOM Investor News: Rosen Law Firm Encourages Trip.com Group Limited Investors to Inquire About Securities Class Action Investigation - TCOM

Top 5 HK Stock Gainers/Losers (>100B) (2.12)

Global Influencers Unite in the Spirit of the Chinese New Year, Co-hosted by Trip.com Group and Tripadvisor China

"Hong Kong Stocks" Hang Seng Index fell 242 points in the half-day, with technology investment stocks leading the decline, while domestic property and WuXi AppTec stocks performed well