NEW YORK -- Yum China Holdings filed for a secondary listing in Hong Kong on Friday, becoming the latest New York-traded Chinese company to seek an alternative capital market closer to home amid rising tensions between Beijing and Washington.
Markets
KFC operator Yum China heats up Hong Kong secondary listing
NYSE-traded restaurant group seeks up to $2.5bn, following Alibaba and JD.com
An order to go in Shanghai: KFC became the first-ever Western chain restaurant to open in China in 1987. © Reuters
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