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Shares of restaurant company Yum China Holdings (NYSE: YUMC) soared 33.2% in September, according to data provided by S&P Global Market Intelligence. It was a welcome development for shareholders ...
The Hang Seng Index, which tracks large stocks in Hong Kong and mainland China, fell 9.4% today after China's National Development and Reform Commission (NDRC) held a press conference that ...
Image source: Getty Images. Yum China overcomes a low bar. The Chinese operator of KFC and Pizza Hut said that same-store sales were down 4% in the quarter, but overall revenue increased 1% to $2. ...
It was spun off from Yum! Brands in 2016, becoming an independent, publicly traded company on November 1, 2016. Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to Yum Brands. It operates 8,484 restaurants in over 1,100 cities located in every province and autonomous region in Mainland China. It has a ...
Chinese officials after the meeting signaled they would take "necessary" actions to help China's economy achieve the government's desired 5% gross domestic product growth goal.
The company's third-quarter performance inspired one analyst to upgrade his recommendation on the shares.
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Yum China projects to report revenue of $3.05 billion for the recent quarter, compared to $2.91 billion a year earlier, according to data from Benzinga Pro. On Aug. 5, How To Earn $500 A Month ...