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More China companies seek Hong Kong dual listings as US pressure rises

ZTO Express in talks with banks while Yum China seeks $2bn

HONG KONG -- Yum China, the operator of Pizza Hut and KFC on the mainland, has confidentially filed for a $2 billion listing in Hong Kong while Alibaba-backed delivery company ZTO Express is also considering selling shares in the city, joining a line of U.S.-listed Chinese companies hoping to go public closer to home.

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