Shares of Tingyi Holdings Corp rose more than 13 percent on Monday after the company struck a deal with PepsiCo Inc to purchase 24 soft drink bottlers in China. Tingyi's shares rose as high as HK$23.80, outperforming the main Hang Seng Index's 0.14 percent rise.
PepsiCo, Inc. (PepsiCo) is a global food, snack and beverage company. Shares of PEP fell by 1.29% or $-0.81/share to $61.99. In the past year, the shares have traded as low as $59.25 and as high as $71.89. On average, 10784600 shares of PEP exchange hands on a given day and today's volume is recorded at 6313153.
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