Last week it was announced SAMR were investigating Trip.com for hostile monopolistic practices.
before the news came out and the share plummeted \~20% I felt it was a good value play considering its moat and dominance in the Asian travel market (which is probably the fastest growing travel market at the moment).
Now just trying to assess whether to load up more considering the massive discount but it obviously depends on the likely outcome of the investigation.
Does anyone who knows better than I have any predictions for how it’ll go, and the likely timeline of the investigation?
Thanks