With Yum China Holdings, one can bet on a Recovering Consumer Demand in China — Stock on the Verge of Breaking out of Base?

Reading Time: 1 minute
With Yum China Holdings, one can bet on a recovering consumer demand in China. The company operates restaurants, including KFC and Pizza Hut locations, in China and impressed on February 6 with solid numbers for the 4th quarter, with revenue increasing YoY by 4% to $2.6 billion. The continuous expansion of the company is impressive. Last year, 1,751 locations were opened, bringing the total to 16,395 stores. The CEO stated: "Looking to the future, we remain excited about the significant growth opportunities in China. With tailored store models,...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.