US Stock Market Move | KFC in China raises prices for the first time in two years, Yum China (YUMC.US) increases by over 2%

On Tuesday, Yum China (YUMC.US) rose by more than 2%, with a cumulative increase of 66% since August, reaching $49.68. In terms of news, KFC China, a chain restaurant under Yum China, raised its prices today for the first time in two years in the mainland market. Reports indicate that the average price increase this time is 2%, with product prices increasing by 0.5 yuan to 2 yuan. Promotions such as "Crazy Four" special offer, "Crazy Day" event, OK meal, and children's meal remain unchanged.