Why Chinese Stocks Are Ripping Higher Today [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
The group ripped higher after Chinese leaders pledged further support for the Chinese economy following an unexpected meeting Thursday. Shares of the fast food company Yum China (NYSE: YUMC) surged as much as 20% this morning before giving away some of those gains. Meanwhile, shares of the e-commerce company PDD Holdings (NASDAQ: PDD) and the search engine and artificial intelligence company Baidu (NASDAQ: BIDU) rose as much as roughly 15% and 12%, respectively, this morning before giving back some of the gains. Backing up the support Starting on Tuesday, China's central bank rolled out a slew of stimulus measures and interest rate cuts to try to lift China's struggling economy and hopefully revive the government's 5% gross domestic product target growth rate this year, which analysts are now concerned about. Those measures include lowering reserve requirements at banks, so they have more capacity to lend, dropping interest rates and down payment requirements on mortgages, and i
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YUMC
News
- Why Yum China Holdings (YUMC) is a Top Value Stock for the Long-Term [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
- Why Chinese Stocks Are Jumping on Tuesday [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