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Yum China shares set to open down 0.5% in Hong Kong market debut

Published 09/09/2020, 09:45 PM
Updated 09/09/2020, 09:50 PM
© Reuters. The booth of fast food restaurant company Yum China Holdings Inc. is seen at an investment and trade fair in Hefei, Anhui
YUMC
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HONG KONG (Reuters) - Shares of Yum China Holdings Inc (HK:9987) are set to open at HK$410 ($52.90) each, down 0.5% from the offering price as the company's dual-listed stock began trading in Hong Kong on Thursday.

The operator of KFC, Taco Bell and Pizza Hut restaurants in China (N:YUMC) sold the stock at HK$412 each as it raised $2.22 billion by selling 41.91 million shares as part of its secondary listing in the city.

© Reuters. The booth of fast food restaurant company Yum China Holdings Inc. is seen at an investment and trade fair in Hefei, Anhui

($1 = 7.7501 Hong Kong dollars)

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