Nomura: Maintains "Buy" rating on Yum China (09987.HK), with target price raised to HK$438.

According to the Wise Financial APP, Nomura released a research report stating that Yum China Holdings Inc. (09987.HK) has a "buy" rating, with the target price raised from 415 Hong Kong dollars to 438 Hong Kong dollars. The company's performance in the last quarter met expectations, reflecting a stable recovery in the last quarter and positive guidance for this year.