Yum China, WH Group gain on strong Q1 earnings China set to report first population drop since 1949
SHANGHAI, April 28 (Reuters) - Hong Kong shares closed higher on Wednesday, with financials and consumer staples leading gains on the back of strong corporate earnings, while investors await cues on policy from politburo meetings due later this week. At the close of trade, the Hang Seng index was up 129.80 points or 0.45% at 29,071.34. The Hang Seng China Enterprises index rose 0.28% to 11,014.69. The sub-index of the Hang Seng tracking energy shares rose 0.1%, while the IT sector edged up 0.16%, the financial sector ended 0.97% higher and the property sector dipped 0.14%.
China shares flat as investors await policy signs Reuters 3 hrs ago
Popular Searches China set to report first population decline since 1949
SHANGHAI, April 28 (Reuters) - Mainland shares were nearly flat on Wednesday as investors awaited key politburo meeting for policy deliberations, shrugging off strong company earnings as economy recovered from the pandemic. At the midday break, the Shanghai Composite index was down 0.04% at 3,441.10, while the blue-chip CSI300 index inched up 0.04% to 5090.52. Leading the gains, the sub-index of new energy vehicles gained 1.9% while the energy sector rose 1.4%. The financial sector sub-index was down 0.24% while the consumer staples sector fell 0.76%. Chinese H-shares listed in Hong Kong rose 0.01% to 10,984.95, while the Hang Seng Index was up 0.13% at 28,978.49.
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Yum China Named to TIME s Inaugural List of the TIME100 Most Influential Companies
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SHANGHAI, April 28, 2021 /PRNewswire/ Yum China Holdings, Inc. (the Company or Yum China ,NYSE: YUMC and HKEX: 9987) today announced that it has been named to TIME s first annual TIME100 Most Influential Companies list, which recognizes corporate pioneers, leaders, innovators, titans and disruptors that are shaping the world today. Yum China is the only restaurant company included in the inaugural list.
TIME100 Most Influential Companies - an expansion of TIME s annual TIME100 franchise - is a new list highlighting 100 companies making an extraordinary impact around the world. The list recognizes Yum China as a leading innovator that is inventing the future of fast food . TIME cited Yum China s industry-leading digital and delivery capabilities, as well as relentless new product innovation, as reasons for the Company s inclusion.