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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.
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Jun 16, 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.
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...
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.
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.
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Oct 22, 2024 · Zhang Jindong, his trust and two of his Suning holding companies, will transfer the almost 17 percent stake to Jiangsu Xinxin Retail Innovation Fund II. After the transfer, Zhang and the Suning holding company will remain the e-commerce firm's largest shareholder with a nearly 20.4 percent stake.