Since the US 'Liberation Day,' YUM CHINA (09987.HK) -10.000 (-2.667%) Short selling $10.49M; Ratio 13.870% (YUMC.US) underperformed the MSCI China Index by 16%, BofA Securities issued a research report saying. Apart from capital flows, the market is currently reassessing its long-term growth following a shift to smaller stores and franchising. The broker believed that the negative factors for YUM CHINA are already reflected in its share price, and recent delivery subsidies on online platforms could become a short-term catalyst, potentially supporting same-store sales growth (SSSG) performance in 3Q25. Related NewsM Stanley: LAOPU GOLD, POP MART Have Potential for Earnings Growth; HAIDILAO, MENGNIU DAIRY Likely to See Earnings DownsideBased on the improved SSSG outlook and strong earnings for 2H25, BofA Securities kept rating at Buy on YUM CHINA.Based on an equal-weighted combination of P/E, discounted cash flow (DCF) and EV/EBITDA, BofA Securities trimmed its target prices for YUM CHINA's US stock/ H-shares from US$60.5/ $469 to US$56.5/ $438.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)