Yum China Signals Post-Covid Spring with Dividend Hike, Accelerating Expansion
The operator of KFC restaurants in China said it temporarily closed a third of its stores late last year due to pandemic controls, but has seen business rebound with the…
FAST NEWS: PCAOB Completes Chinese Stock Audits Ahead of Schedule in Hong Kong
The latest: Officials from the U.S. Public Company Accounting Oversight Board (PCAOB) in Hong Kong have completed their first on-site audits of Chinese stocks ahead of schedule and may submit…
Margins, Anyone? Yum China Wows Investors With Improved Efficiency
Operator of KFC and Pizza Hut chains in China reported its best restaurant margins in four years, lifted by a ‘perfect storm’ of factors, some temporary and others long-termKey Takeaways:Yum…
FAST NEWS: Yum China Soars as Quarterly Profit Doubles
The latest: Yum China Holdings, Inc. (YUMC.US; 9987.HK), operator of the KFC and Pizza Hut chains in China, on Tuesday reported its net profit rose 98% to $206 million in…
Domino’s China Operator Makes Second Toss at Hong Kong IPO
DPC Dash has filed an updated prospectus to float shares, showing its growth slowed in the first half of 2022 amid widespread Covid disruptions Key Takeaways: DPC Dash, operator of…
FAST NEWS: Yum China Shifts Hong Kong Listing to Primary Status
The latest: Yum China Holdings, Inc. (YUMC.US; 9987.HK), operator of U.S. fast food giant Yum Brands Inc.’s (YUM.US) KFC and Pizza Hut chains in China, on Wednesday announced it will convert its secondary…
Country Style Cooking Chain Joins Chinese Fast Food Listing Rush
Spicy Sichuan food server is one of three restaurant chains looking to become the first Chinese fast food stock with a Hong Kong IPO bid Key Takeaways: Chinese fast food…