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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.
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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...
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.
Feb 25, 2021 · Chinese household appliance online seller Suning.com said on Sunday that it sold a 23% stake to state-owned investors in a deal worth RMB 14.82 billion ($2.28 billion). Why it matters: The sale comes as Suning.com and its parent company Suning Appliance Group scramble to pull together cash to repay debts.
Dec 15, 2020 · What happened. All the shares of one of China’s largest retailers, Suning Holding Group, have been pledged to Alibaba’s Taobao to secure a loan. Those 100,000 shares are worth 1 billion yuan, and over half of them come from the group’s founder, Zhang Jindong.
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.
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