Changes in Hong Kong stocks | Huazhu Group-S (01179) opened more than 11%, the second quarter results grew steadily, and the company raised its full-year guidance

The Zhitong Finance App learned that Huazhu Group-S (01179) opened more than 11% higher. As of press release, it rose 11.51% to HK$36.44, with a turnover of HK$5.4077 million.

According to the news, on August 17, Huazhu Group announced unaudited results for the second quarter and mid-term 2026. Revenue for the second quarter was 7.121 billion yuan, up 10.8% year on year; net profit attributable to Huazhu Group was about 1.6 billion yuan, up 2.1% year on year. Revenue for the first half of the year was 13.117 billion yuan, up 11.0% year on year, and net profit to mother was about 2.4 billion yuan.

The board of directors approved a three-year shareholder return plan totaling US$2.5 billion and paying dividends of 8.7 US cents per share. In addition, Huazhu raised its annual guidance, and the Group's revenue is expected to increase by 4% to 8%, compared to 2% to 6% previously; management franchise and franchise revenue growth is expected to increase from 12% to 16% to 20%.