Yum China cleared for secondary listing in HK, report saysMainland restaurant operator Yum China has got approval from the Hong Kong Exchanges and Clearing (0388) for a secondary listing the Hong Kong stock market, Bloomberg reported. The company plans to launch the inquiry with investors next week at the earliest, according to the report. Yum China was earlier reported to raise US$2 billion (HK$15.6 billion) through the secondary listing.

Source: The Standard August 28, 2020 09:11 UTC