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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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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...
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.
Jul 6, 2021 · BEIJING, July 6 (Reuters) - Shares in China's Suning.com (002024.SZ) jumped by a maximum 10% on Tuesday after the loss-making online retailer announced a restructuring plan that will see a...
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Jun 22, 2021 · HONG KONG, June 22 (Reuters Breakingviews) - Alibaba (9988.HK) may be the simple solution to Suning.com’s (002024.SZ) mounting debt problems. The e-commerce giant’s 20% stake in the embattled...
