Yum China Shares Fall to One-Year Low as Quarterly Results Disappoint

By P.R. Venkat

Yum China’s shares fell sharply early in Hong Kong after the company’s third-quarter results failed to meet expectations, and it warned of a drop in consumer demand.

The stock hit a 12-month low of 348 Hong Kong dollars (US$44.48) on Wednesday morning, mirroring its weak performance on the New York Stock Exchange overnight.

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