China Stock Plans Market Takeover With Pizza And Wings

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YUMC stock is breaking out as restaurant operator Yum China announces a massive expansion and share buyback program. Yum China (YUMC) is the largest restaurant group in China with about a 2% market share, Morningstar reported in early February. That’s roughly double that of McDonald’s (MCD), the second-largest player by market share. Yum China operates KFC, Pizza Hut, Taco Bell,…

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