Why Chinese Stocks Are Jumping on Tuesday [Yahoo! Finance]
Yum China Holdings, Inc. (YUMC)
Last yum china holdings, inc. earnings: 4/28 04:30 pm
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Source: Yahoo! Finance
Chinese stocks leapt out of the gate Tuesday morning, with shares of Pizza Hut and KFC operator Yum China Holdings (NYSE: YUMC) rising 6.1% through 10 a.m. ET. Electric car manufacturer Li Auto (NASDAQ: LI) had gained 7.3% and casino powerhouse Melco Resorts & Entertainment (NASDAQ: MLCO) had gained 7.2%. What's the common thread behind all of these moves? As Reuters reports today, China's central bank has just unveiled its "biggest stimulus since the pandemic." What's happening in China right now China's economy is sinking right now, and at serious risk of missing the government's target for growing GDP by 5% in 2024. Weak consumer demand is weighing on the economy and creating "deflationary pressures." To counteract this trend, the government is pumping money into the economy and cutting interest rates to encourage spending. The logic is that if interest rates fall, consumers will owe less money on their mortgages, and have more disposable income, even as the lower cost of ta
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YUMC
News
- Why Yum China Holdings (YUMC) is a Top Value Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Why Chinese Stocks Are Ripping Higher Today [Yahoo! Finance]Yahoo! Finance
- Rate Cuts to Help Restaurant Industry: 4 Stocks With Growth Potential [Yahoo! Finance]Yahoo! Finance
- YUMC vs. BROS: Which Stock Should Value Investors Buy Now? [Yahoo! Finance]Yahoo! Finance
- Is Yum China (YUMC) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
YUMC
Earnings
- 8/5/24 - Beat
YUMC
Sec Filings
- 9/23/24 - Form 8-K/A
- 9/19/24 - Form 4
- 9/19/24 - Form 4
- YUMC's page on the SEC website