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Morningstar assigns Yum China with US$84 fair value estimate, 62% above recent trades, noting Q3 results reinforce view that firm will come out of pandemic as a more profitable business; China's zero-covid policy is biggest obstacle for restaurants there

Yum China Holdings' near-term science-based emissions reduction target approved by the Science Based Targets initiative, making YCH the first restaurant company in China to reach this milestone

Yum China Holdings reports Q3 net earnings of US$206M, up 98% from year-ago period, primarily due to the increase in operating profit; total revenues rise 5% to US$2.68B

Commentary: Yum China among stocks to benefit from key breakthrough in US-China relations after nations agree on audit protocols for US-listed China stocks; Yum benefits from growing disposable incomes in China, popularity of KFC and Pizza Hut outlets

Yum China reports Q2 net earnings of US$83M, down 54% from year-ago period, primarily due to decline in operating profit; total revenue falls 13% to US$2.13B

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