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1. • • June 17th, 2021, 3:04 AM GMT+0000 The warnings signs are flashing faster for Suning Group with two separate updates aimed at providing clarity over fund raising. 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.
     Reference:

     Suning.com Says Parent, Holder Plan Share Sale - Bloomberg.com

2. 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

   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

   How much is Suning's unmanned store worth?

   • Suning's unmanned store. (Image Credit: TechNode) 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).

   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 owns Suning Holdings & Kunpeng capital?

   • Shenzhen International Holdings Ltd., a logistics infrastructure developer, acquired 8% and Shenzhen municipality-backed Kunpeng Capital bought a 15% stake. According to the statement, former actual controller and Suning.com founder Zhang Jindong and Suning Holdings together hold a 16.38% stake in the company.

   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 owns Suning Appliance?

   • According to the statement, former actual controller and Suning.com founder Zhang Jindong and Suning Holdings together hold a 16.38% stake in the company. Kunpeng Capital holds 15%, Shenzhen International Holdings owns an 8% stake, and Suning Appliance holds 5.45%.

   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

3. 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.

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

   www.google.com › finance › quote

   • Cached

   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.

5. 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 · Mismanagement, reckless expansion, and failed investments left retail giant Suning with no choice but to surrender its controlling shares. On 5 July 2021, Chinese electronics retailer...

6. 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.

7. www.reuters.com › technology › chinas-suningcom-saysChina's Suning.com says shareholders plan to sell up to 25% ...

   www.reuters.com › technology › chinas-suningcom-says

   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...

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

   news.cgtn.com › news › 2021/07/07

   • Cached

   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.