Why Yum China Stock Soared 33% Last Month

Is China's economy about to heat up?Shares of restaurant company Yum China Holdings (YUMC -3.43%) soared 33.2% in September, according to data provided by S&P Global Market Intelligence. It was a welcome development for shareholders who have been enduring a multiyear downtrend. But what's interesting here is that Yum China didn't report any news during the month.Zooming out a little, investors can see that Yum China stock wasn't alone last month. To the contrary, many companies that do business in China saw ...