YUMC Yum China Holdings Inc

Two of the world's largest sovereign wealth funds have adjusted their stakes in Chinese equities, trimming their exposure to technology stocks while going long on consumer companies as they mirrored Bridgewater Associates in reacting to volatile markets and rising US-China tensions.

Hedge fund giant Bridgewater Associates divested from U.S.-listed Chinese stocks in the second quarter, signaling a clear pullback from the market.

Bridgewater sold $1.41B in U.S.-listed Chinese stocks, fully exiting as U.S.-China trade tensions reignited. U.S. and China extended their trade truce 90 days, keeping existing tariffs and briefly calming market fears. Get more market-moving news first with AI-powered analysis that turns noise ...

The world's largest hedge fund, Bridgewater Associates, sold all of its holdings in US-listed Chinese companies in the second quarter, marking a decisive retreat from the market as geopolitical tensions and shifting investor sentiment clouded the outlook for the world's second-largest economy.

Yum China Holdings, owner of the KFC and Pizza Hut restaurant brands on the mainland, has raised its target for opening new coffee shops as a cafe culture has spurred consumer spending. The company was expected to operate 1,700 KCoffee cafes across the country by the end of 2025, up from the ...

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