JPMorgan Chase Reports 5.7% Beneficial Ownership in Yum China Holdings

Overview

On October 15, 2026, JPMorgan Chase & Co. filed Amendment No. 2 to Schedule 13G regarding its beneficial ownership in Yum China Holdings, Inc. (YUMC). The filing reflects ownership positions as of the event date of September 30, 2026.

Key Highlights

• Aggregate Beneficial Ownership: 19,559,978 shares of Common Stock.
• Ownership Percentage: 5.7% of the class outstanding.
• Voting Rights: Sole voting power over 15,029,199 shares and shared voting power over 1,075,147 shares.
• Dispositive Authority: Sole dispositive power over 19,319,810 shares and shared dispositive power over 240,168 shares.
• Filing Purpose: Filed pursuant to Rule 13d-1(b) as a parent holding company on behalf of various asset management and banking subsidiaries (including J.P. Morgan Securities LLC, JPMorgan Asset Management, and J.P. Morgan Investment Management Inc.).

Market Significance

This filing represents a routine passive institutional investor amendment. Because the securities were acquired and are held in the ordinary course of business without intent to influence or effect corporate control, the trading significance is rated as Low.