HK Stock Market Move | HWORLD-S (01179) opened over 11% higher, with stable growth in its second-quarter performance. The company has raised its full-year guidance.
Huazhu Group-S (01179) opened over 11% higher, and as of the time of writing, it has risen by 11.51%, trading at HKD 36.44, with a transaction volume of HKD 5.4077 million.
HWORLD-S (01179) opened more than 11% higher and, as of the time of this report, has risen 11.51% to HKD 36.44, with a trading volume of HKD 5.4077 million.
On the news front, on August 17, Huazhu Group announced its unaudited performance for the second quarter and the first half of 2026. In the second quarter, revenue was RMB 7.121 billion, a year-on-year increase of 10.8%; the net profit attributable to Huazhu Group was approximately RMB 1.6 billion, a growth of 2.1% year-on-year. For the first half of the year, revenue was RMB 13.117 billion, a year-on-year increase of 11.0%, with a net profit attributable to the parent company of approximately RMB 2.4 billion.
The board of directors approved a three-year shareholder return plan totaling USD 2.5 billion, with a dividend of 8.7 cents per share. Additionally, Huazhu has raised its full-year guidance, now expecting group revenue to grow by 4% to 8%, previously projected at 2% to 6%; the expected growth in revenue from management franchising and licensed operations has been increased from 12% to 16% to 16% to 20%.
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