Yum China Holdings, Inc. (YUMC) News

Yum China Holdings, Inc. (YUMC)

Today's Latest Price: $60.37 USD

0.53 (0.89%)

Updated Nov 24 7:00pm

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Ranked of 115 in China

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Latest YUMC News From Around the Web

Below are the latest news stories about Yum China Holdings Inc that investors may wish to consider to help them evaluate YUMC as an investment opportunity.

Two more US-listed stocks flee to Hong Kong as US-China ties fray

The two Chinese companies joined the march that began with Alibaba’s US$13 billion secondary listing in Hong Kong last November, the first such stock offer on the city’s bourse. That was followed in quick order by NetEase, JD. Com and Yum China Holdings, which together raised US$10 billion to help Hong Kong catch up with New York as the worlds favourite IPO destination this year.

South China Morning Post | September 17, 2020

Yum China drops despite hot year for Hong Kong listings

The number of U.S.-listed Chinese companies securing secondary listings in Hong Kong are growing, as Yum China (YUMC) joined the group after raising the equivalent of $2.2B by selling new stock.Despite the hype, the restaurant chain, which operates KFC, Taco Bell and Pizza Hut in China, made a lackluster debut,...

Seeking Alpha | September 10, 2020

Yum China Slips 3.7% On Homecoming Debut After $2.2B IPO

Fast food restaurant company Yum China Holdings Inc (NYSE: YUMC ) trading debut on Tuesday began on a low key when the stock slipped 4.76% lower. Listed under the ticker “9987” on the Hong Kong Exchange, Yum China's stock closed the first day of trading 3.7% lower at HKD 396.60 ($ 51.17). What Happened: Yum China generated $2.2 billion in its initial public offering by issuing 41.9 million shares in Hong Kong at approximately $53.16, according to Bloomberg. … Full story available on Benzinga.com

Benzinga | September 10, 2020

Yum China shares set to open down 0.5per cent in Hong Kong market debut

Shares of Yum China Holdings Inc are set to open at HKUS$410 (US$52.90) each, down 0.5per cent from the offering price as the company's dual-listed stock began trading in Hong Kong on Thursday.

Channel NewsAsia | September 9, 2020

Yum China flops in Hong Kong debut amid lingering questions about strategy for KFC, Pizza Hut to overcome Covid-19 slump

Yum China Holdings, the owner of the KFC and Pizza Hut restaurant chains in China, got off to a bumpy start in its Hong Kong trading debut when its stock became the first in a long while to open at a loss.Shares of the Shanghai-based company began trading at HK$410, a slight discount to the HK$412 that they were offered at in their HK$17.27 billion (US$2.23 billion) secondary listing on the Hong Kong stock exchange. The stock fell by as much as 6.3 per cent to an intraday low of HK$386.20 in…

South China Morning Post | September 9, 2020

Yum China prices 41.91M global offerings

Yum China Holdings (YUMC) has priced its global offering of 41.91M new common stock at HK$412/share, for gross proceeds of ~HK$17.267B or ~HK$19.857B if the over-allotment option is exercised in fullThe shares are expected to kick-off trading on the Main Board of the SEHK on September 10, 2020 under the stock...

Seeking Alpha | September 4, 2020

Yum China: No Better Time For Homecoming

Investment Thesis Yum China Holdings, Inc. (YUMC) has become the latest U.S.-listed Chinese firm to seek a secondary listing in Hong Kong. Despite an imminent regulatory crackdown on foreign firms unable to comply with U.S. audit standards, Yum China's move looks more like a 'homecoming' rather than a 'flight to...

Dulan Lokuwithana on Seeking Alpha | August 31, 2020

Yum China higher on Hong Kong secondary listing

Yum China Holdings (YUMC) has launched its Hong Kong public offering of 1,676,500 shares, which forms part of the global offering of 41.91M new shares of common stock and the listing of its shares of common stock on the Main Board of The Stock Exchange of Hong Kong Limited under the...

Seeking Alpha | August 31, 2020

Latest secondary listing in Hong Kong: Yum China

Following in the footsteps of Alibaba, JD.com and NetEase, Yum China (YUMC) is becoming the latest U.S.-listed Chinese company to seek a secondary listing in Hong Kong.The operater of KFC and Pizza Hut in China will sell about 41.91M shares and plans for its stock to start trading in Hong...

Seeking Alpha | August 31, 2020

Beyond Meat’s Expansion Continues. Next Stop: Wawa, a ‘Cult Favorite.’

STOCK ALERT (BYND) products are going into the very popular regional convenience chain Wawa. It’s another bit of good news for the alternative meat startup. Any product expansion is noteworthy, but Wawa is special.

Yahoo | July 31, 2020

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