Core Insights - Serenity Capital Management, based in Singapore, significantly increased its stake in H World Group Limited (NASDAQ:HTHT) by acquiring 710,431 shares, resulting in a value change of approximately $30.7 million from the previous period [2][3][6] Company Overview - H World Group Limited has a market capitalization of $15.1 billion, with a trailing twelve months (TTM) revenue of $3.4 billion and a net income of $534 million. The company offers a dividend yield of 3.7% [5] - The company operates a diversified portfolio of hotel brands, including HanTing, JI Hotel, Orange Hotel, and Steigenberger, covering both economy and upscale segments [5][8] - H World Group generates revenue primarily through leased and owned hotels, as well as manachised and franchised operations, leveraging brand scale and operational efficiency [9] Investment Position - Following the recent acquisition, H World Group Limited now constitutes 12.7% of Serenity Capital Management's assets under management (AUM), making it the fund's fourth-largest holding [4][6] - As of the latest report, H World Group shares were priced at $48.95, reflecting a 49% increase over the past year, significantly outperforming the S&P 500's 16.5% gain during the same period [4]