YUMC250117C70000
- 0.05
- 0.000.00%
Yum China Newsroom
CITIC SEC: Maintain YUM CHINA (09987) "Buy" rating, KFC China announces an average price increase of 2%.
KFC China announced on December 24 that it would implement a price adjustment measure with an average increase of 2%, aiming to better adapt to changes in market costs.
U.S. stocks closed | The "Santa Claus Rally" has arrived! The three major indices rose about 1%, with the Nasdaq returning to above 0.02 million points; Tesla surged over 7%, and Apple reached a new record Market Cap of 3.9 trillion.
European and American stock and bond markets closed early, with U.S. stocks collectively closing at their daily highs. NVIDIA and other large Technology stocks led the rally, Apple reached a new high again, Broadcom rose over 3%, Goldman Sachs and Morgan Stanley increased by more than 2%, the Chinese concept Index once rose over 1%, Baosheng Media Group surged by 310%, NIO and YUM CHINA rose more than 3%.
U.S. stocks close: The Nasdaq returns above 0.02 million points as Apple reaches a new high with a market cap of 3.9 trillion.
① Tesla rose by 7.36%, leading the "Seven Giants"; ② Nasdaq China Golden Dragon Index has risen for three consecutive days; ③ American Airlines announced that flights have resumed running; ④ OpenAI has discussed developing a humanoid Siasun Robot&Automation.
Express News | YUM CHINA rises over 2%, and KFC China has increased prices for the first time in two years.
U.S. stock movement | YUM CHINA rises over 2%, and KFC China raises prices for the first time in two years.
On December 24, Gelonghui reported that YUM CHINA (YUMC.US) rose over 2%, reaching $49.67. In terms of news, YUM CHINA's Fast Food Chainstore KFC China has initiated a price increase today, marking the first price hike in the mainland market in two years. Reports indicate that this price increase averages around 2%, with product prices adjusted by 0.5 to 2 yuan. Discount meal options such as "Crazy Four" discounts, "Crazy Day" events, OK meals, and children's meals remain unchanged in price. (Gelonghui)
This Hong Kong stock has dropped to a penny stock after ten years of listing! Why is Dining so difficult to operate?
There are no winners.
YUM CHINA (09987.HK) spent 4.687 million HKD to repurchase 0.0125 million shares on December 23.
Gelonghui, on December 24th, YUM CHINA (09987.HK) announced that on December 23, 2024, it spent 4.687 million Hong Kong dollars to repurchase 12,500 shares, with a repurchase price per share ranging from 371.8 to 381 Hong Kong dollars.
KFC is increasing prices, Pizza Hut is decreasing prices, and YUM CHINA continues its ongoing strategy of "sinking".
Sprint to 0.02 million households.
CCTV interprets a more proactive fiscal policy: next year's fiscal funding will be allocated earlier, faster, and in greater amounts.
Next year, a more proactive fiscal policy will be implemented. What measures will the Ministry of Finance take? Where will the fiscal funds be focused? What impact will this have on our lives?
YUM CHINA (09987.HK) subsidiary KFC China raised prices for the first time in two years, with an average increase of 2%.
Several media outlets in mainland China have reported that YUM CHINA (09987.HK)(YUMC.US) has initiated a price increase today (the 24th) for its Fast Food Chainstore KFC in China, marking the first price hike in the domestic market in two years. The reports indicate that the average increase is around 2%, with product prices raised between 0.5 to 2 yuan RMB. Discount meal packages such as the "Crazy Four" special, "Crazy Day" promotions, "OK Meal," and "Children's Meal" will remain at their original prices. The report cites a relevant person in charge at KFC stating that this price adjustment has fully taken into account customer Consumer habits and loyalty, aiming to better adapt to cost changes and ensure the company's sustainability.
[Hong Kong Stock Connect] Yum China (09987) rose more than 2%, KFC China initiated price adjustments with an average increase of 2%
Jinwu Financial News | KFC's mainland China chain operator YUM CHINA (09987) saw its stock price rise in the morning, reporting HKD 380.8, an increase of 2.09%, with a transaction volume of 48.7263 million HKD. In the news, KFC China initiated a price adjustment on December 24, marking the first product price change for the brand in nearly two years. It is reported that the average increase for this price adjustment is 2%, with specific adjustments ranging from 0.5 to 2 yuan.
KFC China has initiated its first price adjustment in two years, with an average increase of 2%.
Gelonghui, December 24 | The globally renowned fast-food brand KFC in China launched a price adjustment on December 24, marking the first product price adjustment for the brand in nearly two years. It is reported that the average price increase is 2%, with specific adjustments ranging from 0.5 yuan to 2 yuan.
Yum China (YUMC) Upgraded to Buy: Here's What You Should Know
Repurchase summary on December 20 | TENCENT, HSBC Holdings and others have repurchased shares, with TENCENT spending 0.703 billion HKD.
According to a document disclosed by HKEX on December 23, both TENCENT (00700.HK) and HSBC Holdings (00005.HK) have repurchased shares. ① TENCENT (00700.HK) repurchased 1.65 million ordinary shares on December 20, involving an amount of 0.703 billion HKD, with a repurchase price ranging from 428.2 HKD to 414.2 HKD per share. Since the repurchase authorization resolution, the total number of shares repurchased is 0.223 billion shares, accounting for 2.365% of the number of shares issued at the time the ordinary resolution was passed. ② HSBC Holdings (00005.HK)
Yum China (09987.HK) repurchased shares on the NYSE and HKEX last Friday.
YUM CHINA (09987.HK)(YUMC.US) announced that last Friday (20th), it repurchased 0.0495 million shares on the New York Stock Exchange, with a repurchase price ranging from $47.91 to $48.65 per share, for a total cost of $2.3999 million. Additionally, the company repurchased 0.0123 million shares on the Exchange on the same day, with a repurchase price ranging from 376.6 to 382.8 yuan per share, involving an investment of 4.6841 million yuan. (js/k)~
The Tourism Board: Facilitating YUM CHINA (09987.HK) to hold its annual meeting in Hong Kong and will continue to promote the local conference and incentive travel.
The Hong Kong Tourism Board stated that it successfully facilitated YUM CHINA (09987.HK)(YUMC.US) to hold its annual "YUM CHINA Restaurant Managers Conference" in Hong Kong for the first time from the 15th to the 18th of this month. According to reports, this year's conference attracted over 0.011 million restaurant managers from the group to visit Hong Kong. In addition to participating in corporate meetings, they also visited Hong Kong theme parks and famous tourist attractions. The Executive Director of the Tourism Board, Mr. Cheng Ting-yi, stated that YUM CHINA's decision to hold its annual staff event in Hong Kong highlights the city’s status as a preferred destination for corporate meetings and incentive travel. The Tourism Board will continue to enhance its efforts.
YUM CHINA (09987.HK) spent 4.6841 million Hong Kong dollars to repurchase 0.01235 million shares on December 20.
On December 22, 2023, Gelonghui reported that YUM CHINA (09987.HK) announced the repurchase of 0.01235 million shares on December 20, 2024, at a cost of 4.6841 million Hong Kong dollars, with a repurchase price of 376.6-382.8 Hong Kong dollars per share.
On December 19, YUM CHINA (09987.HK) spent 2.4 million USD to repurchase 0.049 million shares.
Glory Holdings announced on December 20 that YUM CHINA (09987.HK) spent 2.4 million USD to repurchase 49,000 shares on December 19, 2024.
Share repurchase collection on December 19 | TENCENT, AIA and others have repurchased shares, among which TENCENT spent 0.703 billion HKD.
According to the documents disclosed by HKEX on December 20, TENCENT (00700.HK), AIA (01299.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 1.72 million ordinary shares on December 19, involving an amount of 0.703 billion HKD, with the repurchase price ranging from 421.8 HKD to 401.4 HKD per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.221 billion shares, accounting for 2.347% of the number of shares issued when the ordinary resolution was passed. ② AIA (01299.HK)
On December 18, YUM CHINA (09987.HK) spent 2.4 million USD to repurchase 0.0487 million shares.
Gelonghui, December 19丨YUM CHINA (09987.HK) announced that on December 18, 2024, it spent 2.4 million dollars to repurchase 48,700 shares.