H World: Q3 Outlook And Shareholder Yield Are Key Investment Considerations

Klaus Vedfelt My investment rating for H World Group Limited (NASDAQ:HTHT) [1179:HK] stays as a Hold. On the positive side of things, HTHT offers a potential mid-single digit percentage shareholder yield. On the negative side of things, H World's below-expectations Q3 revenue guidance indicates that there are short-term headwinds for the company. As such, I continue to have a Neutral view of HTHT. The outlook for HTHT in the near term and long run was the subject of my June 9, 2024 write-up. I take a closer ...