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TRIP.COM-S Slumps 14.98% after CN SAMR Launches Antitrust Probe
Recommend 6 Positive 20 Negative 18 |
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TRIP.COM-S (09961.HK) opened 14.98% lower today, bottoming at HK$484.2. It last printed at HK$484.2, down 14.98%, with a turnover of 794,400 shares, amounting to HK$394 million. The company stated yesterday (14th) that it had received a notification from the State Administration for Market Regulation (SAMR) that it was placed under investigation for suspected monopolistic practices. The company said it will actively cooperate with the regulators' investigation, and all its businesses are operating normally. AAStocks Financial News |
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