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Yum China plans to open 600 restaurants a year in China.

Yum China Makes Impressive Debut in Stock Market

Nov 04, 2016 03:44 PM EDT

Yum China Holdings debuted in New York on Tuesday, marking the first day of trading after the spinoff. The stock traded under the ticker symbol YUMC and gained nearly 10% during the trading session. The China division of the brand was hived off owing to the pressure from activist shareholders. Yum China owns the Pizza Hut and KFC brands in China.

Yum China has over 7,200 restaurants in more than 1,100 cities.

Yum China Shares Increased After Spinoff Completion

Ellie Froilan |

Nov 02, 2016 01:24 PM EDT

After the completion of the spinoff of Yum Brand’s China unit, Yum China Holdings Inc. shares has increased on the first day of trading on the New York Stock Exchange by eight percent

Yum Brands has more than 7,300 Pizza Hut and KFC outlets in China

Yum Talks About Future After China Spinoff, to Triple Restaurants

S. Rina |

Oct 12, 2016 11:11 AM EDT

Yum Brands Inc. is looking to increase the number of restaurants in its China division threefold.

Yum Brands operate popular chains such as Taco Bell and KFC.

Yum Brands Claims South China Sea Dispute Dampens Revenue

S. Rina |

Oct 07, 2016 08:38 AM EDT

Yum Brands is scheduled to spin off its China division on October 31. The company announced lower than expected revenue for the third quarter of this year. Its China division also showed a declining trend. The company said its revenue has been negatively impacted by the ongoing South China Sea dispute.

The Louisville-based company said that the new company will be called Yum China Holdings.

Yum! Brands OKs Separation of China Business

Ellie Froilan |

Sep 28, 2016 07:17 AM EDT

Yum! Brands has approved its separation from its China business counterpart.

McDonald's operation both in China and Hong Kong could be worth as much as $3 billion.

McDonald's Gets 3 Final Bids for China and Hong Kong Outlets

Ellie Froilan |

Sep 17, 2016 07:57 AM EDT

McDonald’s Corp has received three final bids from Carlyle Group (CG), Chinese state conglomerate CITIC Group, and TPG Capital for its China and Hong Kong outlets.

Chinese Protestors Stage Anti-Japanese Demonstration

China's Police, Media Call for Rational Patriotism

Charissa Echavez |

Jul 21, 2016 01:48 PM EDT

Chinese law enforcers and media organizations are calling for rational patriotism following the international arbitration court's decision, which favored the Philippines over the communist country in the case about disputed territories in the South China Sea.

Chinese People Smash Their iPhones, Mob KFC in Protest of South China Sea Ruling

Phenny Lynn Palec |

Jul 20, 2016 02:14 PM EDT

Several groups in China have targeted prominent American brands in protest against the recent ruling issued by the Permanent Court of Arbitration regarding the South China Sea. Protesters took to the streets outside of local KFC outlets in at least 17 cities in China to vent out their dissent. Others shared videos on various social media outlets showing themselves smashing their Apple iPhones.

Sale process of KFC operator Yum! Brands Inc. has been delayed.

Yum! Brands Inc.'s Potential Bidders Fail to Submit Offers On Time

Charissa Echavez |

Jun 29, 2016 09:02 AM EDT

The sale process of KFC and Pizza Hut's operator Yum! Brands Inc. has been delayed, as potential bidders failed to submit their offers by the deadline, sources familiar with the matter revealed.

China KFC Concept Stores: A Fusion of the Old and New

Jenia Cane |

May 04, 2016 08:15 PM EDT

China's KFC concept store is catching the attention of Chinese food lovers with its fusion of the old and new.

KFC Opens First Store in China's Tibet

Marcel Woo |

Mar 08, 2016 07:59 PM EST

American fast food chain Kentucky Fried Chicken (KFC) sets foot in southwest China's Tibet on Tuesday, becoming the first Western fast food chain giant to open a branch in the region.

Global Brands Seek to Profit From Year of the Monkey Marketing Strategy

Desiree Sison |

Feb 04, 2016 07:09 AM EST

As the Chinese New Year approaches, sales have been up for international retail brands who have opted to take advantage of the celebrations by designing their products with monkey images and characters.

KFC Wins Lawsuit Against 3 Chinese Firms Over Mutant Chicken Rumors

Girish Shetti |

Feb 03, 2016 12:58 PM EST

A Shanghai court on Wednesday fined three local Chinese tech firms for spreading false rumors about KFC fast food chain. The false rumor activities mainly included uploading doctored photos of deformed chickens on social media accounts and using it as propaganda against KFC.

After the long-running investigation, a Chinese court finally has given its verdict over the meat scandal involving OSI Group

Chinese Court Delivers Verdict Over Meat Scandal Involving McDonald's and Yum Brands' Supplier

Charissa Echavez |

Feb 03, 2016 10:25 AM EST

Ten employees of American food supplier OSI Group have been sentenced to imprisonment and fined up to 2.4 million renminbi (US$364,875) by a Chinese court for reusing returned food products to avoid losses.