H World Group-S (01179) is up by over 6%. As of the time of publication, it is up 5.95% to HKD 22.25, with a turnover of 20.3743 million HKD.
According to the Smart Finance app, H World Group-S (01179) is up by over 6%. As of the time of publication, it is up 5.95% to HKD 22.25, with a turnover of 20.3743 million HKD.
In terms of news, H World Group previously announced that in order to enhance shareholder value, the board of directors has approved a three-year shareholder return plan effective from July 23, 2024. The plan may distribute a total of up to 2 billion US dollars to the company's shareholders.
Guolian Securities released a research report stating that under the background of uneven demand recovery and basic completion of supply backfill, the difficulty of hotel operation has increased and the gap between hotel groups has widened. With its advantages in "brand+technology+traffic", accurate insight into the hotel industry and excellent execution capabilities, the company continues to lead the industry and is expected to continue to increase its market share given the expanding advantages of the company.