NEWS WRAP: Green Tea Group slumps on Hong Kong trading debut
The restaurant operator’s shares fell 5.6% in their first half-day of trade, as investors worried about weak consumer sentiment in China By Doug Young Shares of restaurant operator Green…
TH International tastes success with bagels in donut-averse China
The operator of the Tim Hortons chain in China sold 22 million bagel-based products last year, and said it is aiming to return to revenue and same-store sales growth in…
Chicken challenger Ting-Qiao preps for Hong Kong IPO
The KFC rival and operator of the popular Dicos chain reportedly plans to serve up shares for investors four years after rumors of such a listing first emerged Key Takeaways:…
BRIEF: KFC China raises prices for first time in two years
KFC China, the fast-food chain operated by Yum China Holdings Inc. (9987.HK), announced on Tuesday that it would raise prices for the first time in two years by an average…
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:…
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