H World Group Limited announced on Sept. 4, 2026, that it proposes to offer CNY-denominated bonds in offshore transactions outside the United States to non-U.S. persons under Regulation S of the U.S. Securities Act. The principal amount, interest rates, maturities and other terms will be determined when the offering is priced, subject to market conditions and other factors. H World intends to use the net proceeds for general corporate purposes. The bonds will not be registered under the Securities Act or state securities laws and may not be offered or sold in the United States or to U.S. persons absent an applicable exemption. The company cautioned that there is no assurance the offering will be completed. As of June 30, 2026, H World operated 13,539 hotels with 1,335,445 rooms across 21 countries.