[Brokerage Focus] China Merchants maintains a "strong buy" rating for YUM CHINA (09987), indicating that high shareholder returns under the investment can be expected.

King Wu Financial News | China Merchants Research Reports indicate that YUM CHINA (09987) released its Earnings Reports for the first quarter of 2025, achieving revenue of 2.98 billion USD / +1%, operating profit of 0.399 billion USD / +7%, and adjusted Net income of 0.292 billion USD / +2%. The slowdown in revenue growth is mainly due to the company opening more small stores, with an increase in the proportion of low-tier city stores & franchise stores, leading to a decline in same-store sales. In Q1 2025, the number of stores continued to grow steadily, supported by the company opening stores in lower-tier cities & the increasing proportion of franchise stores, as well as adjustments in the pricing strategy of Pizza Hut, resulting in increased store operation volume and price.

Jinwu Finance News02:11 ET

China Lowers Rates and Makes Bank Lending Easier in Response to Tariffs

WSJ22:38 ET

China Central Bank Cuts Rates to Boost Economy Amid Tariff Threat

Dow Jones22:20 ET

Hong Kong stocks are experiencing unusual movements | Most Dining stocks are recovering as service Consumer spending continues to heat up during the "May Day" holiday. Institutions remain Bullish on the gradually effective consumer stimulus policies.

Most dining stocks have rebounded. As of the time of writing, JIUMAOJIU (09922) is up 2.76% at 2.61 Hong Kong dollars; XIABUXIABU (00520) is up 1.33% at 0.76 Hong Kong dollars; CHABAIDAO (02555) is up 1.23% at 9.88 Hong Kong dollars; HAIDILAO (06862) is up 0.79% at 17.82 Hong Kong dollars; YUM CHINA (09987) is up 0.65% at 341 Hong Kong dollars.

Zhitong Finance22:08 ET

Consumer stocks are performing well with Shenzhou International Group Holdings Limited Unsponsored ADR (02313) up by 4.2%. The central bank will establish a 500 billion yuan relending facility for Consumer and Retirement services.

Golden Finance News | Consumer stocks are performing well, among the Sporting Goods stocks, Shenzhou International Group Holdings Limited Unsponsored ADR (02313) rose by 4.2%, YUE YUEN IND (00551) rose by 3.53%, LI NING (02331) rose by 1.58%, ANTA SPORTS (02020) rose by 1.36%; among the Dining stocks, JIUMAOJIU (09922) rose by 3.54%, HAIDILAO (06862) rose by 1.36%, YUM CHINA (09987) rose by 0.71%. Among the Home Appliances stocks, Midea Group Co., Ltd (00300) rose by 1.21%, HAIER SMARTHOME (06690) rose by 1.31%. The Governor of the People’s Bank of China, Pan Gongsheng, in May.

Jinwu Financial News21:45 ET

Express News | China's Official: Will Lower Interest Rates on Structural Policy Tools by 25 Bps; Guide Commercial Banks to Lower Deposit Rates; To Help A-Share Listed Companies Affected by Tariffs to Cope With Difficulties

Reuters21:33 ET