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home / news releases / TCOM - Alibaba: When One Door Closes Another One Opens

TCOM - Alibaba: When One Door Closes Another One Opens

Trip.com Group Limited
  • All three major US stock indices finished at fresh records while Chinese indices underperformed.
  • Despite estimates-beating PMIs, actions from both the U.S. and Chinese government led to soured sentiment.
  • JD Digits' involvement in China's digital yuan trial bodes well for Alipay's prospects.
  • Alibaba continues to have positive news flow in the electric vehicle/autonomous driving space.
  • The ho-hum nature of the ground-breaking digital banking award in Singapore to Ant Group exemplifies how investors are shunning Alibaba due to past scars.

For further details see:

Alibaba: When One Door Closes, Another One Opens
Stock Information
Company Name: Trip.com Group Limited
Stock Symbol: TCOM
Market: NYSE
Website: ctrip.com
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