HONG KONG -- Yum China Holdings' Hong Kong-listed shares surged on Tuesday, after the mainland operator of KFC and other fast-food chains posted better-than-expected quarterly results.
Food & Beverage
Yum China wary of weak consumption even as results beat estimates
Stock jumps but 'top-line pressure' to continue for mainland operator of KFC, Pizza Hut
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Yum China runs over 11,000 KFCs on the mainland, including this one in Shanghai. Despite better-than-expected results and jumping stock prices, it does not see an overall recovery in consumer sentiment. (Photo by Wataru Suzuki)
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