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2. www.youtube.com › watchSuning.com Says Parent, Holder Plan Share Sale - YouTube

   www.youtube.com › watch

   • Cached

   Jun 16, 2021 · Jun.16 -- The warnings signs are flashing faster for Suning Group with two separate updates aimed at providing clarity over fund raising. They include a shar...

3. www.bloomberg.com › news › videosSuning.com Says Parent, Holder Plan Share Sale - Bloomberg.com

   www.bloomberg.com › news › videos

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   Jun 17, 2021 · They include a share sale for the retail arm Suning.com and a factoring deal involving Suning Holdings and Suning Appliance Group. The stock remains in a trading halt after it sank.

   • Video Duration: 2 min

4. technode.com › 2021/02/25 › suning-shareholders-toUPDATED: Suning.com sells 23% stake to state-backed investors

   technode.com › 2021/02/25 › suning-shareholders-to

   Feb 25, 2021 · Shenzhen-listed Suning.com had announced in a filing on Thursday that shareholders of the company are planning to sell a 20% to 25% stake in the retailer. A 25% stake in the company could be worth around RMB 16 billion ($2.5 billion) based on Suning.com’s latest share price, according to Bloomberg.

5. www.caixinglobal.com › 2021/03/22 › cover-story-whatCover Story: What Will Suning Have to Sell Next ... - Caixin ...

   www.caixinglobal.com › 2021/03/22 › cover-story-what

   Mar 22, 2021 · Now Suning faces the same question: What can it sell next? Brokerage Huatai Securities Co. Ltd. is helping Suning to go through its assets, seeking to raise funds from strategic investors, according to the investment banker in Nanjing. Suning.com owns a 3% stake in the brokerage.

6. www.reuters.com › technology › chinas-suningcom-saysChina's Suning.com says shareholders plan to sell up to 25% ...

   www.reuters.com › technology › chinas-suningcom-says

   Feb 25, 2021 · BEIJING, Feb 25 (Reuters) - Chinese retailer Suning.com (002024.SZ) said on Thursday shareholders plan to sell 20% to 25% of the company to unnamed buyers which might lead to a change in control...

7. www.caixinglobal.com › 2021/03/01 › state-comes-toState Comes to the Rescue of Former Retail Superstar Suning

   www.caixinglobal.com › 2021/03/01 › state-comes-to

   Mar 1, 2021 · Electronics retailer Suning.com announced a $2.3 billion share sale that will hand over nearly a quarter of the company to state-controlled entities, amounting to a state-led bailout for a former retail pioneer that has fallen on hard times.

8. People also ask

   Did Suning sell a 23% stake to state-owned investors?

   • Details: Suning.com sold a 23% stake to state-owned investors, according to a statement shared to TechNode on Sunday. Shenzhen-listed Suning.com had announced in a filing on Thursday that shareholders of the company are planning to sell a 20% to 25% stake in the retailer.

   UPDATED: Suning.com sells 23% stake to state-backed investors

   technode.com/2021/02/25/suning-shareholders-to-sell-stake-as-cash-crunch-looms/

   See all results for this question

   How much is Suning worth?

   • Shenzhen-listed Suning.com had announced in a filing on Thursday that shareholders of the company are planning to sell a 20% to 25% stake in the retailer. A 25% stake in the company could be worth around RMB 16 billion ($2.5 billion) based on Suning.com’s latest share price, according to Bloomberg.

   UPDATED: Suning.com sells 23% stake to state-backed investors

   technode.com/2021/02/25/suning-shareholders-to-sell-stake-as-cash-crunch-looms/

   See all results for this question

   How much would a 25% stake in Suning be worth?

   • A 25% stake in the company could be worth around RMB 16 billion ($2.5 billion) based on Suning.com’s latest share price, according to Bloomberg. Shenzhen International Holdings Ltd., a logistics infrastructure developer, acquired 8% and Shenzhen municipality-backed Kunpeng Capital bought a 15% stake.

   UPDATED: Suning.com sells 23% stake to state-backed investors

   technode.com/2021/02/25/suning-shareholders-to-sell-stake-as-cash-crunch-looms/

   See all results for this question

   Did Suning sell PPTV?

   • In 2015, Suning sold a 68% stake in its PPTV unit for 2.6 billion yuan to a subsidiary of Suning Holdings. After the sale, PPTV, with a loss of 1.2 billion yuan in 2015, was no longer included in the listed company’s consolidated financial statement, increasing net profit of the listed company by 1.36 billion yuan.

   Cover Story: What Will Suning Have to Sell Next? - Caixin Global

   www.caixinglobal.com/2021-03-22/cover-story-what-will-suning-have-to-sell-next-101678279.html

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   What happened to Suning?

   • Suning’s own retail business, with more than 16,000 stores across the country, is suffering from losses. In 2020, the company reported a net loss of 3.9 billion yuan on revenue of 258.4 billion yuan, down 4% from 2019. In the first three quarters of 2020, Suning closed more than 900 stores. What to sell next?

   Cover Story: What Will Suning Have to Sell Next? - Caixin Global

   www.caixinglobal.com/2021-03-22/cover-story-what-will-suning-have-to-sell-next-101678279.html

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   Why does Suning sell assets at the end of the year?

   • With operations generating negative cash flow, Suning’s usual practice is to sell assets at the end of the year to make its annual results look better. In 2015, Suning sold a 68% stake in its PPTV unit for 2.6 billion yuan to a subsidiary of Suning Holdings.

   Cover Story: What Will Suning Have to Sell Next? - Caixin Global

   www.caixinglobal.com/2021-03-22/cover-story-what-will-suning-have-to-sell-next-101678279.html

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9. www.caixinglobal.com › 2021/02/26 › top-suningcomTop Suning.com Shareholders Plan to Sell as Much as 25%

   www.caixinglobal.com › 2021/02/26 › top-suningcom

   Feb 26, 2021 · Major shareholders of Chinese retailer Suning.com (002024.SZ) plan to sell 20% to 25% of the company to unidentified buyers in transactions that may lead to a change in control as the enterprise faces mounting concerns over liquidity, Suning.com said Thursday.