Xiao Noodles tempts Hong Kong investors with ‘cheap eats’ story
China’s fourth-largest noodle chain has filed for an IPO, reporting its revenue grew 34% in the first half of this year as consumers gravitated to its affordable food Key Takeaways:…
DPC Dash lights up Domino’s global leader board with push into small-town China
The operator of Domino’s Pizza restaurants in China reported its revenue rose 27% in the first half of the year, as it opened 190 net new stores Key Takeaways: DPC…
NEWS WRAP: Yum China boosts returns to shareholders on strong quarterly results
The operator of KFC and Pizza Hut restaurants in China announced it was expanding its cash allocation for share buybacks and dividend payments between 2024 and 2026 By Doug…
NEWS WRAP: Top Yum China execs, board member buy over $600,000 of company’s stock
Four senior executives, including CEO Joey Wat and one non-executive board member, have made purchases in the past two weeks after the company reported market-beating results By Doug Young…
Yum China serves up profit, margin growth despite challenging consumer landscape
The operator of KFC and Pizza Hut restaurants in China reported revenue and profit growth in the second quarter, even as sales contracted at many of its rivals Key Takeaways:…
Hong Kong’s Café de Coral takes go-slow approach to Mainland dining market
The fast-food chain said its profit doubled in its latest fiscal year, as it makes strong progress in China’s Pearl Delta region, also known as the Greater Bay Area Key…
Yum China revs up restaurant expansion, share repurchases
The operator of the KFC and Pizza Hut chains in China spent a record $745 million on share buybacks and dividends in the first quarter of 2024 Key Takeaways: Yum…
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