HK Stock Market Move | YUM CHINA (09987) rose nearly 4% in morning trading; third-quarter revenue and operating profit both grew, and the company raised its full-year store opening guidance.

YUM CHINA (09987) rose nearly 4% in morning trading. As of press time, it was up 2.48% at HK$388.2, with turnover of HK$88.8538 million. On the news front, YUM CHINA released its results: third-quarter total revenue was US$3.477 billion, up 8% year on year; operating profit was US$451 million, up 13% year on year, marking 10 consecutive quarters of growth in system sales, operating profit and operating margin. Net new store openings in the third quarter approached 700, a record high for a single quarter. In this earnings disclosure, the company further raised its 2026 store opening target. As of the end of the third quarter, YUM CHINA's total store count had reached 19,989, and the company raised its 2026 target total store count to more than 20,500, i.e., more than 2,400 net new stores. By calculation, net new store openings in the fourth quarter are expected to exceed 500.