Pre-Market Top Loser: Trip.com Group 9961.HK -24% (HKSE) 16 Jan 2026: Key risk

Trip.com Group’s 9961.HK stock plunged to HK$460.00, down 24.47% in pre-market trade on 16 Jan 2026 after a Chinese antitrust probe hit sentiment. Trading volume spiked to 34,164,697 shares versus an average of 1,763,453, showing forced selling. We summarise why the move matters for Hong Kong investors and list the technical levels and model forecasts to watch.