NORTHAMPTON, MA / ACCESSWIRE / September 23, 2022 / Yum China As the largest restaurant company in China, Yum China provides over 450,000 jobs across the country and actively invests in each and every one of its employees along their journey with the Company. Providing targeted development opportunities for employees to realize their career aspiration has been key to ensuring long-term organizational sustainability. Notably, nearly 100% of the operations positions are filled by promotion from within. Only last year, Yum China invested a total of RMB 456,000,000 in a variety of initiatives designed to unlock career and personal development opportunities for employees at every level. One of the most crucial systems put in place by Yum China in order to manifest the full potential of their employees is the Innovative and Comprehensive Training System. This set of advanced training regimes is structured in such a way as to better facilitate promotion from within the Company itself by offering in-depth and comprehensive training for a myriad of management positions, such as Market General Manager and Brand Operations Manager.
Futures Fall, Yields Rise Ahead Of Econ Data Onslaught Extremely illiquid US equity futures (top of book depth is between $1-2MM) dropped after trading flat for much of the overnight session, ahead of a packed data slate today including retail sales, industrial production and capacity utilisation for August, the Empire State manufacturing survey and the Philadelphia Fed business outlook for September, and the weekly initial jobless claims, as Treasury and Bund yield rose after Russian energy supplier Gazprom warned that nearly full EU gas inventories can’t guarantee a safe winter with money markets raise tightening wagers, pricing as much as 193bps of ECB hikes by July versus 186bps on Wednesday (and as much as 210bps of Fed hikes by March). As of 7:15am ET, S&P 500 futures slipped 0.1% after a tumultuous few days of trading following the consumer price index reading; Nasdaq 100 futures fell 0.4%. Both underlying indexes had slumped on Tuesday after the report, nearly erasing a four-day rally, before slightly rebounding on Wednesday.
Cooper Investors, an asset management company, released its “Cooper Investors Global Equities Fund” second quarter 2022 investor letter. A copy of the same can be downloaded here. The fund declined 23.8% compared to a 15.6% decline for its benchmark index for the six months ended June 30, 2022. In addition, you can check the top […]
As Yum China continues to execute and grow, the market should eventually recognize its intrinsic value. Here''s what investors need to know about the company.
Baron Funds, an asset management company, released its “Baron New Asia Fund” second quarter 2022 investor letter. A copy of the same can be downloaded here. The fund declined 7.89% in the second quarter compared to a 9.00% decline for its benchmark index, the MSCI AC Asia ex Japan Index. Driven by the reversal and […]
Yum China Holdings Inc. (NYSE:YUMC) marked $49.51 per share on Thursday, up from a previous closing price of $48.88. While Yum China Holdings Inc. has overperformed by 1.29%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, YUMC fell by -19.60%, with highs and lows ranging from […]
Buffett''s BYD Sales Add To Chinese Stock "Pain Trades" By George Lei and Ye Xie, Bloomberg Markets live commentators and reporters Three things we learned last week: 1. There have been strong inflows into China’s stock market, despite the nation’s economic challenges. Chinese equity funds, led by ETFs, received $3 billion in the week through Aug. 31, in contrast to an outflow of $9 billion from global equity funds, according to EPFR Global and Citigroup. Foreign investors appear to be unfazed by the weak market performance, as renewed Covid outbreaks sent Chinese stocks to a three-month low. In August, long-only managers added bets on consumer-service names as part of the “reopening trade” as well as electric- vehicle makers, such as BYD Co., to gain exposure to the growth factor, according to Morgan Stanley. But their timing wasn’t particularly good. Warren Buffett’s Berkshire Hathaway started trimming its massive stake in BYD, putting the shares under pressure. Meanwhile, restaurant and traveling names such as Yum China, H World and Trip.com aren’t performing well amid the spreading Covid cases. “The recent lockdown in some China major cities and investors’ transactions on BYD imply a prolonged wait for these trades to add values,” Morgan Stanley’s analysts led by Gilbert Wong wrote in a note. 2.
Currently, Yum China Holdings Inc.’s (YUMC) stock is trading at $49.44, marking a gain of 1.16% from last night’s close. At this price, the stock is -22.09% below its 52-week high of $63.45 and 47.35% above its 52-week low of $33.55. Based on the past 30-day period, the stock price is -4.67% below the high […]
Alibaba''s office in Beijing. Costfoto/Barcroft Media via Getty Images Alibaba, JD.com and YUM China are among US-listed Chinese companies being targeted by regulators. The…
HONG KONG: US regulators have selected e-commerce majors Alibaba Group Holding Ltd and JD.com Inc among other US-listed Chinese companies for audit inspection starting next month, people with knowledge of the matter said. The selection follows a landmark audit deal between Beijing and Washington on Friday allowing US regulators to vet accounting firms in mainland China and Hong Kong, potentially ending a long-running dispute that threatened to boot more than 200 Chinese companies from US stock exchanges. The tech duo along with Yum China Holdings Inc - owner of KFC, Taco Bell and Pizza Hut restaurants in China - have been notified that they are among the first batch of Chinese companies whose audits will be inspected in Hong Kong by US audit watchdog, the Public Company Accounting Oversight Board (PCAOB), the people told Reuters, declining to be identified due to confidentiality constraints. The respective accounting firms of Alibaba, JD.com and Yum China - PwC, Deloitte and KPMG - have also been notified of the inspection, the people added.
Yum China Holdings Inc. (NYSE:YUMC) traded at $50.57 at last check on Monday, August 29, made an upward move of 2.26% on its previous day’s price. Looking at the stock we see that its previous close was $49.45 and the beta (5Y monthly) reads 0.58 with the day’s price range being $49.37 – $52.00. The … Yum China Holdings Inc.’s (NYSE:YUMC) Stock Is Up 2.26%, But Is It Capable Of A Rally? Read More »
During the recent session, Yum China Holdings Inc. (NYSE:YUMC)’s traded shares were 0.64 million, with the beta value of the company hitting 0.55. At the last check today, the stock’s price was $50.13, reflecting an intraday gain of 0.24% or $0.12. The 52-week high for the YUMC share is $63.45, that puts it down -26.57 … Yum China Holdings Inc. (NYSE: YUMC) Stock Jumped 7.59% Over A Month – Is There Any Hope Of A Gain? Read More »
A share of Yum China Holdings Inc. (NYSE:YUMC) closed at $48.09 per share on Wednesday, down from $48.83 day before. While Yum China Holdings Inc. has underperformed by -1.52%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, YUMC fell by -21.18%, with highs and lows ranging […]
The trading price of Yum China Holdings Inc. (NYSE:YUMC) floating higher at last check on Friday, August 19, closing at $48.09, 1.97% higher than its previous close. Traders who pay close attention to intraday price movement should know that it has been fluctuating between $46.48 and $47.77. The company’s P/E ratio in the trailing 12-month … Yum China Holdings Inc. (NYSE: YUMC) Jumps 1.97% In Recent Trading, What’s New? Read More »
Yum China Holdings, Inc. announced on August 15 that it has applied for a voluntary conversion of its secondary listing status to a primary listing status on the Main Board of the Hong Kong Stock Exchange (HKEx). The post Yum China Applies for Dual Primary Listing in Hong Kong appeared first on Pandaily .
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Yum China Holdings Inc (NYSE: YUMC ) has applied for a primary listing in Hong Kong to avoid the risk of delisting from the New York Stock Exchange. The company has received acknowledgment today from the Hong Kong Stock Exchange (HKEX) regarding the application for … Full story available on Benzinga.com
Yum China Holdings (YUMC) applied for a voluntary conversion of its secondary listing status to Hong Kong, according to a company announcement on Monday.
Yum China Holdings Inc said on Monday it has applied for a primary listing in Hong Kong, as the company looks to circumvent a risk of delisting from the New York Stock Exchange amid tight regulatory scrutiny on Chinese companies. The move comes on the heels of an audit dispute between China and the United […]
YUMC earnings call for the period ending June 30, 2022.
Yum China Holdings said its earnings in the three months ended June 30 came to US$83 million, down 54 per cent from the same period last year after stringent pandemic measures barred diners.
The following slide deck was published by Yum China Holdings, Inc.
Yum China press release (YUMC): Q2 Non-GAAP EPS of $0.20 Revenue of $2.13B (-13.1% Y/Y) misses by $30M.Same-store sales decreased 16% year over year, with decreases of 16% at KFC and…
Delivered $81 million Operating Profit. Extraordinary efforts partly mitigated impact from profound COVID-related disruptions Sales recovery remains gradual and uneven as COVID outbreaks persist Full year net new store target unchanged, powered by healthy new store performance SHANGHAI , July 29, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or " Yum China ") (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the second quarter ended June 30, 2022 . Impact of COVID Outbreak and Mitigation Efforts The most severe COVID outbreaks to date in China continued to significantly affect the restaurant industry and our operations in the second quarter. According to government statistics, the restaurant industry in China experienced a revenue decline of approximately 16% year over year in the quarter. Nationwide, regional COVID outbreaks impacted large portions of the country. During peak outbreak periods, hundreds of millions of people were in some type of lockdown.
Yum China (YUMC) is scheduled to announce Q2 earnings results on Thursday, July 28th, after market close.The consensus EPS Estimate is $0.01 (-97.6% Y/Y) and the consensus Revenue…
https://www.investing.com/news/pro/cimb-upgrades-yum-china-holdings-to-buy-432SI-2853702
Yum China (YUMC) owned Pizza Hut has been forced to close multiple locations in China while opening many more to regulatory reviews.
Yum China (YUMC) commenced the construction of the Yum China Supply Chain Management Center in Shanghai''s Jiading district which is the largest greenfield supply chain center project…
SHANGHAI , July 21, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or " Yum China ", NYSE: YUMC and HKEX: 9987) today announced that the Company has commenced the construction of the Yum China Supply Chain Management Center in Shanghai''s Jiading district. The 61,000 square meter facility is Yum China''s largest greenfield supply chain center project to date. The site is scheduled for completion in 2024 and will serve as the headquarters of the Company''s supply chain operations. "Our world-class supply chain is one of our key business enablers, and helped us mitigate the disruption impact of COVID-19. As part of our RGM strategic framework, we will continue to widen our strategic moat by investing in supply chain infrastructure to further enhance the agility and resiliency of our business," said Joey Wat , CEO of Yum China . "As our supply chain capabilities continue to go from strength to strength, we believe it will better support more stores, channels and products, while helping to drive long-term growth." The official groundbreaking event, which took place on July 21, was attended by executives from Yum China and local government officials.
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Yum China (YUMC) announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited which require advance notice of board meetings…
New Jersey, USA -- ( SBWIRE ) -- 07/11/2022 -- The latest study released on the Global Full-Service Restaurants Market by AMA Research evaluates market size, trend, and forecast to 2027. The Full-Service Restaurants market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. Key Players in This Report Include: Starbucks (United States),McDonalda€™s (United States),Subway (United States),Yum China (China),Darden Restaurants (United States),Restaurant Brands International (Canada),Chipotle Mexican Grill (United States),Autogrill (Italy),Zensho Holdings (Japan),Yum! Brands (United States) Download Sample Report PDF (Including Full TOC, Table & Figures) @ https://www.advancemarketanalytics.com/sample-report/37089-global-full-service-restaurants-market Definition: Full-service restaurants serve meals to their customers at the table by the staff.
SHANGHAI, July 8, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it will report its unaudited financial results for the second quarter ending June 30, 2022 at 4:30 p.m. U.S. Eastern Time on Thursday, July 28,…
Yum China''s distribution network sets it apart from competitors and sets the stage for long-term expansion.
Yum China operates business models that were tested successfully in the United States. Read more to know why I believe that YUMC stock is a must-follow.
A whale with a lot of money to spend has taken a noticeably bearish stance on Yum China Holdings . Looking at options history for Yum China Holdings (NYSE: YUMC ) we detected 16 strange trades. If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 62% with bearish. From the overall spotted trades, 2 are puts, for a total amount of $62,350 and 14, calls, for a total amount of $1,214,708. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting … Full story available on Benzinga.com
Friday''s top analyst upgrades and downgrades included Annaly Capital Management, Carnival, Deere, Freeport-McMoRan, Honest Company, Royal Caribbean Cruises, Shoals Technologies, Take-Two Interactive Software, Toast and Yum China.
The adulation of reopening in China faded fast, sending shares of Yum China (YUMC) south on Thursday.
NEW YORK , May 31, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MSTR, YUMC, COIN, AMBA, and BABA. … Full story available on Benzinga.com
Wall Street analysts expect that Yum China Holdings, Inc. will announce $2.14 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Three…
The following slide deck was published by Yum China Holdings, Inc.
YUMC earnings call for the period ending March 31, 2022.
Yum China Holdings, Inc. (NYSE:NYSE:YUMC) Q1 2022 Earnings Conference Call May 03, 2022, 20:00 ET Company Participants Florence Lip - IR Joey Wat - CEO & Director Andy Yeung - CFO…
Despite drastic measures taken by the Chinese government to curtail COVID cases, Yum China (YUMC) is sticking to its 2022 targets.
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YENAGOA President of the Ijaw National Congress (INC), Prof. Benjamin Okaba, says the rejection of electronic transmission of election results by the National Assembly has exposed those who do not want Nigeria to work. Okaba spoke in Yenagoa on Monday during the formal opening of the office of the spokesman for Ijaw Youth Council []
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Summary List Placement Just days after Didi Global ''s $4.4 billion initial public offering in New York, the Cyberspace Administration of China launched an investigation into the country''s largest ride-hailing provider. Since then, Chinese regulators have ordered not only the Didi app but also 25 apps it operates to be deleted from smartphone app stores. The drastic moves had cost the company more than $10 billion in market value as of Friday. The sell-off quickly spread to other US-listed Chinese stocks after the internet regulator proceeded to propose rules that would require tech companies to seek cybersecurity checkups before they can pursue overseas listings. The KraneShares CSI China Internet Fund ETF (KWEB) and Invesco Golden Dragon China Portfolio ETF (PGJ) were down 3.29% and 4.65% respectively over the past week. Chinese companies have long gone public via a variable interest entity structure that bypasses the country''s restrictive foreign ownership rules in sensitive sectors.
SHANGHAI , June 18, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or " Yum China ", NYSE: YUMC and HKEX: 9987) today issued its 2020 Sustainability Report, which highlights the Company''s commitment to sustainability and provides an overview of progress made in 2020 towards its sustainability goals. In 2020, Yum China engaged internal and external stakeholders to complete a comprehensive materiality review. As a result, the Company resolved to focus efforts around three pillars: Environment, Food and People. Within these, Yum China identified 23 material issues in the value chain to work on as initial sustainability priorities. In the report, progress made in 2020 has been summarized in accordance with Global Reporting Initiative (GRI) best practices and the Dow Jones Sustainability Indices (DJSI) rating requirements for corporate sustainability reporting. The report also highlights Yum China''s firm commitment to taking actions that contribute towards achieving the Sustainable Development Goals and supporting the United Nations 2030 Agenda.