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Is Yum China (YUMC) The Best Fast Food Stock To Invest In Right Now?
China Data Point to Gradual Improvement, but Tariff Risk Looms
"Smart money" is betting on china becoming a trend: In Q3, the prototype of the "big short" increased shareholding in Alibaba and other Chinese concepts, while the rising fund Keystone established positions in three major etfs.
In the third quarter, the fund under Michael Burry increased its shareholding in Alibaba by 0.045 million shares to nearly 0.2 million shares, doubled its hold positions in jd.com to 0.5 million shares, and increased its shareholding in baidu by 0.05 million shares to 0.125 million shares. At the end of the quarter, it held three Chinese concept stocks valued at 54 million dollars, accounting for 65% of the total fund's stock holdings. Meanwhile, the fund bought corresponding put options for these three Chinese concept stocks to hedge risks.
Guosen Securities: Holiday optimization effectively expands domestic demand, focusing on related travel industry chain and local consumption.
After the May Day holiday in 2023, the number of tourists in our country exceeded the same period in 2019, with the total number of holiday travelers accounting for 33% of the whole year, also significantly higher than the approximately 27% in 2019. It is expected that the trend of 'peak season getting busier' will continue.
On November 11, Yum China spent HKD 4.6955 million to repurchase 0.012 million shares.
Yum China (09987.HK) announced that on November 11, 2024, it spent 4.6955 million Hong Kong dollars to repurchase 0.012 million shares at a repurchase price of 381-395.2 Hong Kong dollars per share.
Yum China Grants Equity Awards to Employees and Directors
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