Nisun International Enterprise Development Group Co., Ltd. (NISN), Monday announced the acquisition of a minority stake in Nanjing Pin Bai Sheng Catering Management Co., Ltd., a leading franchisee of KFC in China.
With this deal, the supply chain solutions provider aims to expand its customer base and grow campus catering market in China.
Currently, Nisun's stock is trading at $9.65, down 3.60 percent on the Nasdaq.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.