China backs IPOs for AI startups and large model companies under its 15th Five-Year Plan, with firms like Zhipu AI and Unitree Robotics already pursuing …
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Yum China to acquire Pizza Hut brand ownership in mainland China from Yum Brands
SHANGHAI, June 16, 2026 /PRNewswire/ — Yum China Holdings, Inc. (the “Company” or “Yum China”) (NYSE: YUMC and HKEX: 9987) today announced that it has entered into a definitive agreement with Yum!
mBridge : China backed Blockchain based Cross-Border Payments Platform Prepares for Commercial Rollout
Bridge, a China-supported initiative aimed at transforming international financial transactions is poised to enter its commercial phase. The project, …
‘China’s Instagram’ readies Hong Kong IPO that could see it valued at over $70 billion
Chinese lifestyle and video-sharing platform Xiaohongshu is aiming for an initial public offering in Hong Kong as early as the end of this year, according to people familiar with the matter.
China has made a supercomputer work without a GPU — here’s how
China proved you can build a competitive supercomputer without a GPU. Whether that’s a genuine breakthrough or a necessary compromise is another question.
People’s Bank of China officials to address economic support at Lujiazui Forum
PBOC Governor Pan Gongsheng headlines the Lujiazui Forum in Shanghai on June 17-18, where officials will outline economic support policies with implications …
Yum China to acquire ownership of Pizza Hut brand in Chinese mainland, demonstrating long-term commitment to market
Yum China Holdings, Inc. (Yum China) announced on Tuesday that it has entered into a definitive agreement with Yum! Brands, Inc. (Yum! Brands) to acquire ownership of the Pizza Hut brand in the …
Yum China buys Pizza Hut brand in China
Yum China Holdings Inc. YUMC said Tuesday it has agreed to acquire ownership of the Pizza Hut brand in Mainland China from Yum! Brands Inc. YUM for $1.2 billion in cash. Acquisition Ends Pizza Hut…
YUM Stock Gains — Yum Brands Offloads Pizza Hut Chain In Massive $2.7B Divestiture
Yum Brands has entered into agreements to sell its global Pizza Hut operations to private equity firm LongRange Capital and its former spinoff Yum China.
China’s mBridge bets on blockchain to break SWIFT’s global grip
China is closing in on a commercial rollout of mBridge, a proposed blockchain-based settlement network that will directly compete with SWIFT. Beijing is pushing for the newly proposed settlement …
Why Yum! Brands just sold the iconic Pizza Hut chain to LongRange Capital and Yum China
Yum! Brands (YUM) just announced a piping hot deal for Pizza Hut. It should make the restaurant company stronger. The news: Yum! Brands said on Tuesday morning that it has entered into definitive …
Yum China to Acquire Ownership of the Pizza Hut Brand in Mainland China
Yum China Holdings, Inc. (the ‘Company’ or ‘Yum China’) (NYSE: YUMC and HKEX: 9987) today announced that it has entered into a definitive agreement with Yum! Brands, Inc. (‘Yum! Brands’) (NYSE: YUM) …
Five Reputable Woodworking Machine Manufacturers in China 2026: Advancing Innovation in Wood Processing Equipment
Featuring manufacturers providing woodworking machinery solutions for furniture production, panel processing, and …
