China fines Trip.com $765 million in antitrust case
Why it matters: The penalty targets practices regulators said blocked hotels from listing freely on rival platforms and setting their own prices.
Subject
#Douyin
Xiaohongshu eyes late-June confidential filing for Hong Kong IPO
What's new: The RedNote owner was valued at about $31 billion last year and projected roughly $3 billion in 2025 profit.
Puppy abuse case in Chongqing draws 2 days of protests, clashes
What's new: Authorities opened an investigation after activists found an abandoned puppy with fractures, chipped teeth and head swelling.
Bloomberg, Mothership