Markets

Yum China to raise $2.2bn amid lukewarm Hong Kong demand

KFC operator's stock offering priced at greater discount than peers

NARAYANAN SOMASUNDARAM, Nikkei Asian Review chief banking and financial correspondent
September 4, 2020 17:30 JST
Updated on September 4, 2020 20:38 JST

HONG KONG -- Yum China, which operates KFC, Taco Bell and Pizza Hut restaurants in the country, is set to raise $2.2 billion amid lukewarm demand for the shares it is listing in Hong Kong.

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