China’s Ctrip Sinks to Two-Year Low on Margin, Sales Outlook International Ltd. (CTRP), China’s biggest online travel agency, tumbled to a two-year low in U.S. trading after its third-quarter operating margin narrowed and forecast for fourth-quarter sales missed analyst estimates.

Ctrip’s American depositary receipts plunged 16 percent to $28.91 at 10:25 a.m. New York time, the lowest since Nov. 4, 2009.

To contact the reporter on this story: Belinda Cao in New York at

To contact the editor responsible for this story: David Papadopoulos at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.