Garmin Group (08519) continued to rise by more than 25% in early trading, surging 262% over 7 trading days. As of press release, it had risen 25.25% to HK$0.62, with a turnover of HK$1.63 million.
The Zhitong Finance App learned that Garmin Group (08519) continued to rise by more than 25% in early trading, surging 262% over 7 trading days. As of press release, it had risen 25.25% to HK$0.62, with a turnover of HK$1.63 million.
According to the news, Jiamin Group recently issued an announcement. The board of directors proposed a share merger. The issued and unissued existing shares with a face value of HK$0.01 per 2 shares in the company's share capital will be merged into 1 consolidated share with a face value of HK$0.02 per share.
As of the date of this announcement, existing shares were traded on the Stock Exchange with trading orders of 10,000 existing shares per lot. After the share merger comes into effect, the board of directors proposed changing the trading unit for each lot traded on the Stock Exchange from 10,000 existing shares to 20,000 consolidated shares.
Huachuang Securities pointed out that the catering supply chain will still be a definite scarce growth track in the next 5-10 years. Look at growth resilience in the short term, look at track space in the long run, and focus on the progress of food supply companies. At the valuation level, in the early stages, according to the growth valuation system, the steady state center looked at the characteristics of specific catering sub-tracks. In terms of track prospects, the short-term Big B operation is a “fast shuttle” that is more resilient and is a more definitive gripper, while under the long-term restaurant chain logic, Big B supply chain opportunities will be wider.