Changes in Hong Kong stocks | Yum China (09987) rose more than 4% in early trading, the company will release results this Thursday, and the market will pay attention to the details of Pizza Hut's acquisition in China

The Zhitong Finance App learned that Yum China (09987) rose more than 4% in early trading. As of press release, it had risen 3.47% to HK$358.2, with a turnover of HK$134 million.

According to the news, Yum China will release its financial report on Thursday (July 30). The market is watching the progress of related integration after the acquisition. According to reports, on June 16, Yum China announced that it had signed a final agreement with Yum Global to acquire ownership of the Pizza Hut brand in mainland China at a cash consideration of 1.2 billion US dollars. The deal is expected to close in the third quarter of 2026.

GF Securities pointed out that Yum China's acquisition of Pizza Hut's ownership in mainland China is expected to boost performance. The transformation of the Pizza Hut brand from an exclusive franchisee in mainland China to a brand owner will have greater strategic flexibility to continue to drive innovation in menus, store models, new modules, and operation management. Furthermore, no need to pay franchise fees to Yum is expected to improve the store's economic model and lower the threshold for opening a store. Furthermore, there is room for optimization in the KFC franchise agreement, and financial incentives may be obtained in the future.