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1. 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.

2. 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.

3. www.google.com › finance › quoteSuning.Com Co Ltd (002024) Stock Price & News - Google

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   Get the latest Suning.Com Co Ltd (002024) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.

4. finance.yahoo.com › quote › 002024Suning.com Co., Ltd. (002024.SZ) Stock Price, News, Quote ...

   finance.yahoo.com › quote › 002024

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   Find the latest Suning.com Co., Ltd. (002024.SZ) stock quote, history, news and other vital information to help you with your stock trading and investing.

5. www.caixinglobal.com › 2021/03/24 › in-depth-howIn Depth: How Suning Fell Into Crisis as JD.com Surged

   www.caixinglobal.com › 2021/03/24 › in-depth-how

   Mar 24, 2021 · Facing high near-term debt repayment pressures, Suning announced in late February a $2.3 billion share sale that will hand over nearly a quarter of the company to state-controlled entities. Read more

6. 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.

7. People also ask

   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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   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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   Is Huatai securities helping Suning go through its assets?

   • 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. One of the few attractive segments is Suning’s financial arm, with about 2 billion yuan of profit last year.

   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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   Is Suning a retail company?

   • Suning.com Co., Ltd. engages in the retail business in China. Its stores offer various products, including home appliances, 3C products, and mother-and-baby care products, department store products, and other commodities through offline stores and online malls. It operates self-operated stores and Suning Tesco's retail cloud franchised stores.

   Suning.com Co., Ltd. (002024.SZ) Stock Price, News, Quote & History

   finance.yahoo.com/quote/002024.SZ/

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   How much did Suning invest in China?

   • In the five years between 2015 and 2019, Suning’s investments totaled 71.6 billion yuan, including 4 billion yuan of equity investment in state-backed telecom giant China Unicom and 4.8 billion yuan to acquire an 80% stake in Carrefour China.

   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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   Who owns Suning Appliance Group?

   • In addition, Suning.com’s parent company Suning Appliance Group Co. Ltd., its major shareholder Suning Holdings Group, and Suning Real Estate also have made a large number of investments. Both Suning Holdings and Suning Real Estate are controlled by Suning’s founder.

   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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8. news.cgtn.com › news › 2021/07/07Suning.com announces $1.4b stake sale to consortium - CGTN

   news.cgtn.com › news › 2021/07/07

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   Chinese retail giant Suning.com announced Monday that its controlling shareholder Zhang Jindong, along with his Suning Group and Suning Appliance Group, will sell 1.58 billion shares, or 16.96 percent of the conglomerate, to a consortium at 5.59 yuan ($0.87) apiece.