The Zhitong Finance App learned that Yum China (09987) rose more than 3%. As of press release, it had risen 3.17% to HK$345, with a turnover of HK$133 million.

According to the news, Yamato released a research report stating that after reviewing the “11th” Golden Week data in September and early October, it continues to be optimistic about Yum China in the Chinese restaurant sector; the company's stock price has declined by about 17% since mid-August, believing that the stock price level has bottomed out, and reiterated that it is the preferred stock in the Chinese restaurant stock market. According to the report, Yum's same-store sales in China may have declined slightly in the third quarter, but the market may have reflected relevant factors, including the impact of McDonald's and G-Dragon PEACEMINUSONE's joint promotion at about 7,000 stores in China from October 8 to November 3, and the opening of a new Tustin crepe brand focusing on the “Chinese Burger.”

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