Actualités Yum China Holdings
HONG KONG: Baidu Inc shares closed flat in their Hong Kong secondary listing debut on Tuesday, bucking a trend of first-day pops on the bourse, as investors were wary of a fundraising flurry in the city and questioned the search company's growth plans. The weakened mood towards Chinese technology offerings was reinforced with video site Bilibili raising a lower-than-expected US$2.6 billion (RM10.7 billion) in its secondary listing. Baidu shares closed at HK$252 (RM134) each which was in line with the price set for the Hong Kong listing which raised US$3.1 billion (RM12.7 billion). Hong Kong's Hang Seng Index lost 1.3% in the session. It was the weakest debut for a US-listed company debut in Hong Kong since Yum China shares dropped 5.3% in their first session in September after raising US$2.2 billion. Baidu’s lacklustre debut contrasted with some of the city’s other major first-day movers in 2021, such as Kuaishou Technology which gained 160% in early February. LightStream Research analyst Shifara Samsudeen said secondary listing debuts were generally not as strong as primary listings, but noted investors were wary of Baidu’s future growth and diversification plans. “We think it will take a few more quarters for the market to duly appreciate Baidu’s efforts in cloud and other initiatives and value the stock as a comprehensive internet stock,“ Samsudeen, who publishes on Smartkarma, told Reuters.
Yum China Holdings has acquired a 5% equity interest in Fujian Sunner Development Co., Ltd.
SHANGHAI, March 17, 2021 /PRNewswire/ — Yum China Holdings, Inc. (NYSE:YUMC, &”, Yum China&”, or the &”, Company&”, )) today announced that it will report its unaudited financial results for the first quarter ending March 31, 2021 at 4:30 p.m. U.S. Eastern Time on Tuesday, April 27, 2021 (4:30 a.m. Beijing/Hong Kong Time on Wednesday, April 28, 2021). Yum China’s… Read More »Yum China to Report First Quarter 2021 Financial Results
Yum China (YUMC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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Yum China (NYSE:YUMC) posted its quarterly earnings data on Tuesday. The company reported $0.35 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.09, Briefing.com reports. Yum China had a net margin of 6.33% and a return on equity of 16.35%. The company had revenue of $2.26 billion for […]
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By Micah Maidenberg Yum China Holdings Inc. said demand weakened in the fourth quarter as some regions of China, including Beijing, struggled with a resurgence in Covid-19 cases. The… | February 3, 2021
Yum China Holdings Inc. stock rise in the extended session Wednesday after the operator of KFC, Pizza Hut and other fast-food brands in China beat…
Yum China Holdings (NYSE:YUMC) releases its next round of earnings this Wednesday, February 03. Here is Benzinga's essential guide to Yum China …
Yum China (NYSE:YUMC) is scheduled to be announcing its earnings results after the market closes on Wednesday, February 3rd. Analysts expect the company to announce earnings of $0.22 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link. YUMC stock opened at $57.78 on […]
SHANGHAI , Jan. 26, 2021 /PRNewswire/ -- Yum China Holdings, Inc. ((the ", Company", or ", Yum China ", , NYSE: YUMC ) today announced that the Top Employers Institute has certified the Company as a Top Employer China for 2021. The global certification program recognizes leading employers that demonstrate dedication to the betterment of the workplace through excellent HR policies and people practices. This is the third year in a row that Yum China has received the Award and is a testament to the Company's long-standing commitment to employee care centered around its "Fair, Care and Pride" principles. This year's award holds extra significance as it comes at a time when the industry continues to navigate the challenges of COVID-19. "For more than 30 years, Yum China has always believed in our "People First" philosophy. To be named a Top Employer China for the third consecutive year is a fantastic achievement," said Joey Wat , CEO of Yum China . "COVID-19 has reinforced our determination to look after our employees and in 2020 Yum China's primary responsibility was to protect the safety and livelihoods of over 400,000 employees, while contributing to the wellbeing of their families." Yum China's employees are its most valuable asset and throughout the COVID-19 pandemic the Company has always prioritized employee health and safety.
Yum China Holdings, one of the China’s largest restaurant operators, is aiming to cut its use of environmentally harmful plastics by almost a third in the next five years by shifting to paper straws and biodegradable packaging.It intends to phase out non-degradable plastic bags and cutlery at all its KFC restaurants in mainland China by the end of 2025, and eliminate non-degradable bags from its Pizza Hut chain by the end of 2022.The overall aim is to achieve a 30 per cent reduction in non…
Yum China steps up efforts to provide sustainable options for consumers 30% reduction of non-degradable plastic packaging weight by 2025 SHANGHAI, Jan. 5, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) announced that it has launched…
SHANGHAI , Dec. 11, 2020 /PRNewswire/ -- Yum China Holdings, Inc. ((the ", Company", or ", Yum China ", , NYSE: YUMC ) announced that in partnership with the China Foundation for Poverty Alleviation (CFPA), the Company has donated modern kitchen equipment to 70 schools in rural areas of Hubei , as part of the Company's efforts to support the region's post-COVID-19 economic recovery. To mark the donation, Joey Wat , CEO of Yum China , and other representatives of Yum China's senior management team, visited Qingshan School in Hubei , one of the schools sponsored by the program, and donated winter clothing to the students there. "As society continues to tackle the challenges of COVID-19, it is especially important to ensure that children have access to safe and nutritious food. As the largest restaurant company in China , we are well positioned to support rural areas in this task. By providing modern kitchen equipment to schools we can promote safe and healthy meals, which in turn helps children to be physically prepared to become future leaders and community members," said Joey Wat , CEO of Yum China . " Yum China is committed to standing alongside communities and will continue to explore various ways to extend our poverty alleviation efforts." The modern kitchen equipment program is part of a larger nationwide CSR initiative aiming to upgrade kitchen facilities and improve food safety in rural schools.
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