Trip.com Group Shares Rise After Antitrust Fine, Q1 Revenue Up 17%
Trip. com Group's Hong Kong-listed shares opened up over 7% and later narrowed gains to 4.85% after an antitrust penalty of 5.179 billion yuan. The company accepted the fine and announced 19 rectification measures. In Q1 2026, revenue reached 16.2 billion yuan, up 17% year-on-year, with inbound travel bookings surging 90%.
On July 27, Trip. com Group's Hong Kong-listed shares opened higher, with gains reaching as much as 7.5% before narrowing to 4.85%. This followed an antitrust penalty of 5.179 billion yuan imposed by the State Administration for Market Regulation. The company publicly accepted the penalty and announced 19 rectification measures, including ending exclusive cooperation agreements and abolishing unreasonable 'lowest price across all platforms' clauses.
In the first quarter of 2026, Trip. com Group reported revenue of 16.2 billion yuan, up 17% year-on-year. Inbound travel bookings surged 90% year-on-year, benefiting from visa-free policy tailwinds and the summer tourism peak season, with travel demand being steadily released.