China Tourism Group Hotel has announced a strategic investment in Argyle Hotel Group. Through this strategic investment, China Tourism Group Hotel aims to leverage the strengths of an international brand and the resources of a central state-owned enterprise platform to create a brand-new strategic landscape in the mid-to-high-end hotel sector.CHINA TRAVEL HK (00308.HK) -0.510 (-25.628%) Short selling $103.05M; Ratio 5.178% opened flat this morning (26th) until around 11:30 am when it was suddenly hyped up. It once surged by nearly 1.8 times after midday to an over six-and-a-half-year high of HKD2.99. It last traded at HKD2.42, up 126.17%, with a volume of 2.763 billion shares, involving HKD5.931 billion.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 16:25.)