China holiday spending sends a strong signal on consumer stimulus plans [CNBC]
Huazhu Group Limited - American Depositary Shares (HTHT)
Last huazhu group limited - american depositary shares earnings: 3/26 05:00 pm
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Source: CNBC
The better-than-expected data confirms that Beijing's recent stimulus is effective, CCB International Securities said in a report Tuesday. However, the average spend per tourist trip fell 0.2% compared with a year ago, signaling persistent deflationary pressures. People watch performances to welcome the ‘God of Wealth' during Lunar New Year festivities at Qianmen Street in Beijing, China, on February 21, 2026. Nurphoto | Nurphoto | Getty Images BEIJING — China's consumer market is recovering — just enough that policymakers likely won't need to roll out the large-scale stimulus that investors have long hoped for. The nine-day Lunar New Year, which ended Monday, saw a steady rise in spending across the country, from hotel bookings to duty-free shopping. Rail travel hit a record of over 18.7 million passengers in a single day The better-than-expected data suggest that Beijing's recent support measures are effective, while underscoring a broader consumer trend: spending on ex
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News
- China holiday spending sends a strong signal on consumer stimulus plans [MSNBC.com]MSNBC.com
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HTHT
Earnings
- 11/17/25 - Beat
HTHT
Sec Filings
- 2/12/26 - Form SCHEDULE
- HTHT's page on the SEC website