Not many. The overall valuation of Yum China is about 8 billion US dollars. Ant Financial under Jack Ma and Primavera Capital founded by George Hu jointly invested 460 million US dollars, of which Ant Financial invested 50 million US dollars. You can calculate how many shares it owns. It is in the single digit.

Strictly speaking, it cannot be considered an acquisition. It can only be considered as financing or investment! You know, although Jack Ma invested in KFC that year, his share was very low, even less than 5%, and it only meant an investment of 460 million US dollars, so it really cannot be considered an acquisition! And that year, Jack Ma's investment in KFC can be said to be carried out simultaneously with the separation of Yum! Restaurants and Yum China!