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Express News | Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products
YUM CHINA (09987.HK) repurchased 478,000 shares at a cost of 2.4 million USD on December 12.
On December 13, Geloonghui reported that YUM CHINA (09987.HK) announced that on December 12, it spent 2.4 million dollars to repurchase 0.0478 million shares, with a repurchase price per share ranging from 49.83 to 50.88 Hong Kong dollars.
China to Lift Fiscal Spending to Boost Economy
YUM CHINA (09987.HK) spent 2.4 million USD to repurchase 0.049 million shares on December 11.
On December 12, Gelonghui reported that YUM CHINA (09987.HK) announced the repurchase of 0.049 million shares at a cost of 2.4 million USD on December 11.
The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, while Meta, Amazon, and Netflix all reached new highs. NVIDIA rose over 3%, Broadcom rose nearly 7%, Super Micro Computer once dropped over 8%, the decline of Chinese concepts narrowed, and Fangdd Network turned to rise over 11%. The U.S. November CPI confirms interest rate cut bets for next week, with a pause on rate cuts expected in January next year. The dollar and U.S. Treasury yields rebounded in a V-shape, while spot Gold reached its highest level in five weeks. The yen plunged below 152, while the offshore yuan once dropped over 300 points, falling below 7.29 yuan. After a significant interest rate cut by the Bank of Canada, the Canadian dollar and Canadian bond yields turned to rise, and oil prices increased by about 2%.
Yum China Holdings' (NYSE:YUMC) One-year Earnings Growth Trails the Shareholder Returns
