Gaoxin Retail (06808) rose more than 7%, rising 28% over 6 trading days. As of press release, it had risen 7.89% to HK$1.23, with a turnover of HK$11.32 million.
The Zhitong Finance App learned that Gaoxin Retail (06808) rose more than 7% and rose 28% in 6 trading days. As of press release, it had risen 7.89% to HK$1.23, with a turnover of HK$11.32 million.
According to the news, on February 1, according to media reports, Alibaba is considering selling its department store and shopping center operator Yintai Commercial, and is already in touch with a number of potential acquisition companies. If this sale comes to fruition, it may indicate that the company is re-evaluating its “new retail” strategy over the years.
Furthermore, according to reports from people familiar with Sina Finance, Alibaba is considering selling a number of consumer industry assets, including the grocery business Hema and retailer Da Runfa. According to reports, Alibaba has been discussing these assets with strategic and financial investors. Alibaba and Da Runfa did not comment on this.
Komo once pointed out that the establishment of an asset management company indicates Ali's potential to speed up the monetization or disposal of non-core assets. The bank believes that offline retail assets owned by Ali, such as Gaoxin Retail, may be monetized or sold. As of December 20, 2023, the total market value of these offline retail assets held by Ali reached 2 billion US dollars.