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1. medium.com › orientalreview › can-us-1-4-billionCan US$1.4 Billion Rescue the Debt-Ridden Suning?

   medium.com › orientalreview › can-us-1-4-billion

   Jul 22, 2021 · The Jiangsu State-owned Assets Supervision and Administration Commission (JSASAC) and Industrial Capital Investment led an RMB8.83 billion (US$1.4 billion) investment for a 17.0% share in...

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 · Suning said Feb. 28 that four of its five largest shareholders, including the founder, would sell a combined 23% of the company’s shares for 14.8 billion yuan to Shenzhen International Holding Ltd. and Shenzhen Kunpeng Equity Investment Management Co. Ltd., both under the State-owned Assets Supervision and Administration Commission of the ...

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.

4. 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.

5. www.leedsfinsights.com › post › suning-s-debt-crisisSuning’s Debt Crisis: Problems and Challenges - Leeds Finsights

   www.leedsfinsights.com › post › suning-s-debt-crisis

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   Mar 7, 2021 · Since 2012, Suning has been faced with challenges from offline channels such as dealers and stores built by brand owners. Suning's e-commerce strategy failed to reverse this problem and increased the sales expense ratio for a period of time, leading to the expansion of Suning's main business losses.

6. 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.

7. 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/

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   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

   Who will transfer Suning's shares in 2021?

   • On February 25, 2021, Suning announced that Zhang Jindong, the controlling shareholder of the company, and Suning Appliance Group Co., the shareholder, planned to transfer the company's shares with an expected proportion of 20%-25%. The equity transferee would belong to the infrastructure industry among others.

   Suning’s Debt Crisis: Problems and Challenges

   www.leedsfinsights.com/post/suning-s-debt-crisis-problems-and-challenges

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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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   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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8. 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