H World Group Stock Is Up 49% in a Year: Why a Conviction Buy Has Emerged

Singapore-based Serenity Capital Management disclosed a significant buy of H World Group Limited (NASDAQ:HTHT), increasing its stake by 710,431 shares last quarter and contributing to a value change of approximately $30.7 million from the previous period.According to a Securities and Exchange Commission (SEC) filing dated November 13, Singapore-based Serenity Capital Management increased its position in H World Group Limited (NASDAQ:HTHT) by 710,431 shares during the most recent quarter. The fund’s total holding in the company rose to nearly 1.3 million shares, reflecting a post-trade value of $49.8 million. The increase accounted for approximately 6.3% of the fund’s total reportable AUM.The buy lifted H World Group Limited to 12.7% of the fund’s AUM, ranking as the fourth-largest holding after the filing.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool