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Nomura analysts report that Yum China may achieve sustained profitability growth in the fiercely competitive food and beverage market in China. These analysts believe that this growth may come from an increase in delivery sales, more digital orders, and an expansion of the loyalty member base. They have raised their revenue and profit forecast for Yum China for 2025-2027 by 2%-3% because they expect growth in same-store sales and improvement in profit margins in the second half of the year. Nomura has raised its target price for Yum China's stock listed in Hong Kong from HK$438.00 to HK$445.00 and maintains a buy rating.
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