According to the Financial and Economic Intelligence APP, H world group-S (01179) rose more than 5% in early trading, up 5.05% as of the time of publication, at HK$23.9, with a turnover of 19.576 million Hong Kong dollars.

On the news front, on July 23, H world group announced a three-year shareholder return plan effective as of that day, with a total dividend distribution of up to 2 billion U.S. dollars to shareholders; according to the plan, the company will declare dividends every six months, and the total dividend amount for each fiscal year will be no less than 60% of the net income for that fiscal year, while also declaring special dividends and conducting buybacks as needed based on the company's actual situation. In terms of buybacks, the company has approved a five-year share buyback plan of up to 1 billion U.S. dollars, effective from August 21, 2024.

China securities co.,ltd. pointed out that in the second quarter, the total ADR of its main stores showed a slight decline this year compared to the high ADR base last year, but the occupancy rate continued to grow steadily. The same store data also maintained a leading position in the industry at all levels. As of the second quarter, the company's total number of hotels reached 10,286, achieving the goal of one city and ten thousand stores, with the company's store network growing across multiple brands, and the pipeline still increasing on a month-on-month basis. The annual target for new store openings has been raised from the previous approximately 1800 stores to over 2200 stores, and the logic of the company's continuous increase in market share in the industry remains.