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Stock impact report

Breakingviews - Starbucks will start brewing a venti Chinese deal [Reuters]

Yum China Holdings, Inc. (YUMC) 
Last yum china holdings, inc. earnings: 4/28 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.yumchina.com
Company Research Source: Reuters
Breakingviews - Starbucks will start brewing a venti Chinese deal | Reuters 3 Min Read HONG KONG (Reuters Breakingviews) - The Starbucks Reserve Roastery in Shanghai stands as a hulking symbol of the company’s Chinese ambitions. The 30,000-square-foot caffeinated wonderland represents just one of 6,000, mostly smaller stores the chain plans to roll out across the mainland by 2022. Such bold plans will run up against stiffer competition and trade-war-related pressures in 2019. Local backers will help preserve this fledgling Bean Dynasty. Cracking China has been tough for outsiders, including in fast food. McDonald’s sold a controlling stake in its Greater China restaurants to state-owned conglomerate CITIC in 2017. And as part of a wholesale spinoff of Yum China, the U.S. parent of KFC and Taco Bell offloaded a slug of the operation to Fred Hu’s Primavera Capital and Jack Ma’s Ant Financial. For now, Starbucks is touting its independent growth ambitions in the People’s Republic. At a f Show less Read more
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