Yum China Holdings, Inc. Common (YUMC) ended last trading session with a change of 3.77 percent. It trades at an average volume of 9.63M shares versus 7.14M shares recorded at the end of last trading session. The share price of $26.98 is at a distance of 13.41 percent from its 52-week low and down -10.07 percent versus its peak. The company has a market cap of $10.42B and currently has 386.11M shares outstanding. The share price is currently 5.64 percent versus its SMA20, 5.64 percent versus its SMA50, and 5.64 percent versus its SMA200. The stock has a weekly performance of -2.18 percent and is 5.19 percent year-to-date as of the recent close.
Yum China Holdings, Inc. Common (YUMC) is a restaurant company with approximately 7,200 restaurants. The Company’s restaurant base consists of restaurant brands, including KFC, Pizza Hut Casual Dining, Pizza Hut Home Service, East Dawning and Little Sheep. The Company’s segments are KFC, Pizza Hut Casual Dining and All Other Segments, which include Pizza Hut Home Service, East Dawning and Little Sheep. KFC is the Quick-Service Restaurant (QSR) brand in China. In addition to original recipe chicken, KFC in China has a menu featuring pork, beef, seafood, rice dishes, fresh vegetables, soups, breakfast, desserts, and many other products, including coffee. Pizza Hut Casual Dining is the Casual Dining Restaurant (CDR) brand. Little Sheep is a casual-dining brand. Little Sheep specializes in Hot Pot cooking. East Dawning is a Chinese food quick-service restaurant brand, primarily located in coastal cities. As of December 31, 2015, KFC operates over 5,000 restaurants in over 1,100 cities across China.
Ctrip.com International Ltd. (CTRP) recently recorded 0.29 percent change and currently at $41.1 is 15.77 percent away from its 52-week low and down -28.35 percent versus its peak. It has a past 5-day performance of -3.16 percent and trades at an average volume of 4.46M shares. The stock has a 1-month performance of -11.25 percent and is -11.29 percent year-to-date as of the recent close. There were about 496.35M shares outstanding which made its market cap $20.4B. The share price is currently -8.7 percent versus its SMA20, -9.72 percent versus its SMA50, and -5.88 percent versus its SMA200.
On Sept. 13, 2016 Ctrip.com International, Ltd. (CTRP) announced the completion of the offering of US$900 million in aggregate principal amount of convertible senior notes due 2022 (the “Notes”). The Notes were offered to qualified institutional buyers pursuant to Rule 144A under the United States Securities Act of 1933, as amended (the “Securities Act”), and certain non-U.S. persons in compliance with Regulation S under the Securities Act. The Company has granted the initial purchasers a 30-day option to purchase up to an additional US$75 million principal amount of the Notes solely to cover over-allotments, if any. The Notes will be convertible into Ctrip’s American depositary shares (“ADSs”), each representing 0.125 of an ordinary share of Ctrip, at the option of the holders, based on an initial conversion rate of 15.2688 of the Company’s ADSs per US$1,000 principal amount of Notes (which is equivalent to an initial conversion price of approximately US$65.49 per ADS and represents an approximately 42.5% conversion premium over the closing trading price of the Company’s ADSs on September 6, 2016, which was US$45.96 per ADS). The conversion rate for the Notes is subject to adjustment upon the occurrence of certain events.