China’s months-long antitrust probe into Trip. com Group Ltd. ended with a multi-billion-yuan penalty on the nation’s largest online travel agency, but the action does little to ease the fierce price wars gripping the domestic hotel sector.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-07-27/trip-com-shares-jump-in-hong-kong-as-regulatory-overhang-clears)