KFC's right to operate in China has been sold to Yum! China, whose shareholders include Chunhua Capital Group and Ant Financial Services Group.

Specifically, delicious! Due to poor performance and pressure from investors, Brands decided to split its China business unit. 20 16 years, Yum! Brands reached an agreement with Chunhua Capital Group and Ant Financial, and the latter two invested 460 million US dollars in Yum! Brand China. This investment is synchronized with the split of Yum! Brands. Brands and Yum! China After the split, Yum! China is listed on the new york Stock Exchange, and has the exclusive right to operate KFC, Pizza Hut and Taco Bell in China.