According to media reports, at the 2020 Huazhu World Conference,Huazhu Group-S(01179) Founder Ji Qi said that while comprehensively advancing the sinking market strategy, Huazhu will continue to invest in high-end brands such as Orange Crystal, Manxin, Huajiantang, and Xiyue to further expand the Group's share in the domestic high-end hotel market.
As of press release, Huazhu Group-S rose 5.38% to HK$391.6, with a turnover of HK$10.1782 million, a record intraday high.