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Report: Yum China taps CICC, Goldman for 2nd Hong Kong listing

Fast-food chain operator Yum China Holdings Inc. has tapped China International Capital Corp. Ltd. and Goldman Sachs Group Inc. to help with its proposed second stock market listing in Hong Kong, Bloomberg News reported Jan. 14, citing sources familiar with the matter.

Details of the planned share sale — which could be held as soon as this year — could still change as discussions are at an early stage, according to the report.

Yum China, CICC and Goldman Sachs did not immediately respond to S&P Global Market Intelligence's requests for comment.

Yum China operates YUM! Brands Inc.-owned labels such as KFC, Taco Bell and Pizza Hut in China.