H World Group Limited reported stronger second-quarter 2026 results, with revenue rising 10.8% year over year to RMB7.1 billion, adjusted net profit climbing 26.9% to RMB1.71 billion and RevPAR increasing 1.1%, prompting Citi and Daiwa to raise their Hong Kong target prices to HK$47 while reiterating Buy ratings. H World kept its guidance for slight year-over-year growth in China RevPAR and lifted full-year group revenue growth guidance to 4% to 8% from 2% to 6%, with H World China revenue growth seen at 7% to 11% and manachised and franchised revenue growth at 16% to 20%. The company also maintained its gross hotel opening target of 2,200 to 2,300 hotels and its net addition target of 1,600 to 1,700 hotels despite a slower first-half pace, implying faster openings in the second half. In Hong Kong trading on the 18th, the stock opened 11.5% higher, reached HK$36.44 and was last at HK$36.08, up about 10.4%, on turnover of about HK$82.87 million. H World also declared a US$275 million cash dividend, repurchased US$273 million of shares in the first half and introduced a new US$2.5 billion shareholder return program for 2026-2028 after completing its prior US$2 billion plan ahead of schedule.