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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...
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.
- 2 min
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.
Feb 25, 2021 · 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 as its parent seeks to raise...
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.
Feb 25, 2021 · BEIJING (Reuters) - Chinese retailer Suning.com said on Thursday shareholders plan to sell 20% to 25% of the company to unnamed buyers which might lead to a change in control as its parent seeks to raise cash.
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Oct 22, 2024 · Shares of Suning.com Co, a prominent retailer and e-commerce major, surged on the A-share market on the Shenzhen Stock Exchange on Monday after it announced it agreed to sell a 16.96 percent stake in its listed firm to a fund, or a sort of consortium with some State-owned investors, Alibaba Group and other corporate investors.
