Matthews International Capital Management Increases Stake in Yum China by $12.57 Million
Matthews International Capital Management increased its stake in Yum China by purchasing 242,785 shares worth an estimated $12.57 million, making Yum China its largest holding at 10.98% of the fund's AUM. The move comes as Yum China's stock has risen 15.1% over the past year, though it has underperformed the S&P 500 by 14 percentage points.
Tickers: $YUMC
Topics: Matthews International Capital Management LLC portfolio changes SEC filing Yum China