China's Jin Jiang raises AccorHotels stake to 5.5 pct | reuters.com

Jin Jiang International has raised its stake in French hotel group AccorHotels to 5.50 percent, becoming its second-largest shareholder, according to a regulatory filing. The Rubyrock Capital Company Limited, an entity controlled by Jin Jiang, made the stock purchase on the market on Jan. 25, the AMF stockmarket watchdog said in the Jan. 29 filing. AccorHotels, Europe's largest hotel group, could not be immediately reached for comment.