Investors fill up on billion-dollar Yum China IPO

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Investors fill up on billion-dollar Yum China IPO

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Scenic view over Hong Kong island, China, by night. Multicolored nighttime skyline with illuminated skyscrapers seen from Victoria Peak | Dmitry Telegin/Funny Studio - stock.adobe.com

Fast food franchise operator Yum China Holdings is cooking a multi-billion-dollar secondary offering in Hong Kong. It is the latest deal in a growing trend that bankers expect will bring more US-listed Chinese companies to the exchange by the the end of 2020, writes Jonathan Breen.

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