China ADRs & HFCAA: Pace of Homecoming Listings Should Pick Up & Implications
The SEC naming 5 companies under the HFCAA put China ADRs under pressure last week. The news that the CAC had nixed DIDI's HK listing plans added...
636 Views
GEM Weekly (11 Mar 2022): Chinese Macro Data; Samsung Electronics, Swiggy, Naver, Yum China
The Global Emerging Markets weekly provides a summary of the key news and related developments impacting the largest countries and constituents of...
247 Views
China ADRs Delisting - SEC Sets the Clock Ticking and Sends China ADRs Tripping
On 8th Mar 2022, Securities Exchange Commission (SEC) added five China ADR names to its provisional list of issuers under the Holding Foreign...
685 Views
Yum China (YUMC US) - Store Expansion Edged Revenue Growth
Yum China's brisk rate of new store openings helped it achieve revenue growth in Q4 2021. However, the weakness in SSSG and restaurant margins are...
197 Views
Yum China (YUMC.US/9987.HK): Zero-COVID Policy Weighted on Earnings
Yum China reported disappointing 4Q21 earnings due to resurging of COVID cases in China. But we think risk/reward is more compelling as Yum China...
278 Views