Group 1 - Principal Global Investors, LLC increased its stake in Yum China (09987) by 226,450 shares at an average price of HKD 376.20 per share, totaling approximately HKD 85.19 million [1] - Following the increase, the total number of shares held by Principal Global Investors is approximately 21.79 million, representing a holding percentage of 6.06% [1]

Core Insights - Principal Global Investors, LLC increased its stake in Yum China (09987.HK) by purchasing 226,500 shares at an average price of HKD 376.20 per share, totaling approximately HKD 85.19 million [1] - Following this transaction, Principal Global Investors, LLC's total shareholding rose to 21.795 million shares, increasing its ownership percentage from 5.99% to 6.06% [1] Company Summary - Company Name: Yum China Holdings, Inc. [2] - Stock Code: 09987 [2] - Date of Disclosure: December 3, 2025 [2] - New Shareholding Percentage: 6.06% [1][2]

Core Viewpoint - Principal Global Investors, LLC has increased its stake in Yum China (09987) by acquiring 226,450 shares at an average price of HKD 376.20 per share, totaling approximately HKD 85.19 million, resulting in a new holding of about 21.79 million shares, representing a 6.06% ownership [1] Group 1 - Principal Global Investors, LLC acquired 226,450 shares of Yum China at an average price of HKD 376.20 per share [1] - The total investment amount for this acquisition is approximately HKD 85.19 million [1] - Following this transaction, Principal Global Investors, LLC's total shareholding in Yum China is approximately 21.79 million shares [1] Group 2 - The new ownership percentage of Principal Global Investors, LLC in Yum China is 6.06% [1]

Core Insights - Principal Global Investors, LLC increased its stake in Yum China (09987) by acquiring 226,450 shares at an average price of HKD 376.20 per share, totaling approximately HKD 85.19 million [1] - Following this acquisition, the total number of shares held by Principal Global Investors is approximately 21.7954 million, representing a holding percentage of 6.06% [1]

Group 1 - Yum China announced a share buyback plan, investing approximately $10.4 million to repurchase 212,900 shares at a price range of $48.34 to $49.29 per share [1] - The company also plans to repurchase 52,500 shares for about HKD 19.7261 million, with a price range of HKD 373.4 to HKD 379.2 per share [1]

Core Viewpoint - Yum China (09987.HK) announced a share buyback on December 1, 2025, spending HKD 19.7261 million to repurchase 52,500 shares at a price range of HKD 373.4 to HKD 379.2 per share [1] Summary by Category - **Company Actions** - Yum China executed a share buyback program, indicating a commitment to returning value to shareholders [1] - The total expenditure for the buyback was HKD 19.7261 million [1] - The number of shares repurchased was 52,500 [1] - **Financial Details** - The buyback price per share ranged from HKD 373.4 to HKD 379.2 [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 百勝中國控股有限公司("本公司") 呈交日期： 2025年12月2日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | | 09987 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | 每 ...

Group 1: Anta's Acquisition of Puma - Anta has joined the bidding for Puma, competing with Li Ning, Asics, Authentic Brands Group, and CVC [3] - Puma's stock surged 18.91% following the news of Anta's interest, although its market value has decreased to €2.5 billion [3] - Puma has faced significant challenges, with a cumulative decline of over 50% in stock price this year and expected losses in 2023 [3][4] Group 2: Yum China Expansion Plans - Yum China aims to open 30,000 stores by 2030, significantly increasing from its current 17,000+ locations [6] - The company plans to double its store count by 2026, with KFC and Pizza Hut as core growth drivers [6][7] - Yum China's aggressive expansion is a response to increasing competition in the Chinese fast-food market, which is projected to reach ¥1.2 trillion by 2024 [7] Group 3: Recovery in Luxury Goods Market - Several luxury brands, including LVMH and Cartier, have reported positive growth in China for Q3 2025 [8][9] - The recovery is attributed to improved macroeconomic conditions and a resurgence in consumer spending, as indicated by rising stock indices [9] - The luxury sector's performance in Q4 will be crucial to determine if a sustained recovery is underway [9] Group 4: New Retail Strategies - Belle International has opened its first concept store in Shenzhen, focusing on immersive shopping experiences [11] - Dongpeng Beverage is launching a new sugar-free tea product, targeting the 3 yuan ready-to-drink tea market [12] - The multi-category strategy is essential for Dongpeng as it faces declining revenue from energy drinks, with energy drink sales dropping to 74.63% of total revenue [12] Group 5: Marketing Innovations - FamilyMart and Bright Dairy have collaborated on a short drama to enhance customer engagement and drive sales [14] - McDonald's "cat nest" marketing campaign has generated significant social media buzz, leveraging the popularity of pets to enhance brand appeal [15] Group 6: Corporate Developments - Skechers' acquisition negotiations have faced challenges, with a hedge fund seeking a reassessment of the company's valuation [17] - IFBH Limited, the parent company of if coconut water, has seen its stock price drop over 60% since its peak in July [17] - EssilorLuxottica is reportedly looking to acquire 5-10% of Giorgio Armani's shares following the founder's passing [18]

Core Viewpoint - Yum China (09987) announced a share buyback plan, indicating confidence in its financial position and future growth prospects [1] Group 1 - The company plans to repurchase 215,000 shares at a cost of approximately $10.4 million [1] - Additionally, Yum China will spend 19.704 million Hong Kong dollars to buy back 52,400 shares [1]

Core Viewpoint - Yum China (09987) announced a share buyback plan, indicating confidence in its financial health and future growth potential [1] Group 1 - The company plans to spend $10.4 million to repurchase 215,000 shares [1] - Additionally, the company will invest HK$19.704 million to buy back 52,400 shares [1]