Trip.com Group & China

Trip.com Group: Trip.com Group is facing a securities class action lawsuit due to alleged failure to disclose material information regarding an antitrust probe by the China — State Administration for Market Regulations of the People's Republic of China, which caused its stock price to fall significantly.

China: China, through its government agency, the China — State Administration for Market Regulation, initiated an antitrust probe against Trip.com Group, leading to the current legal action.

Trip.com Group: Trip.com Group is under investigation by China's market regulator for potential antitrust violations, which caused its American Depositary Shares to fall 17%.

Trip.com Group: Trip.com Group, an online travel agency, reported that its bookings for travel to China doubled in the first three months of this year, with 75% of visitors from visa-free regions.