Sun Art Retail Group Limited's (HKG:6808) Last Week's 10.0% Decline Must Have Disappointed Public Companies Who Have a Significant Stake
Key Insights Significant control over Sun Art Retail Group by public companies implies that the general public has more power to influence management and governance-related decisions Alibaba Group H
Sun Art Retail Group Expects Up to 1.7 Billion Yuan Loss in Fiscal Year 2024
Sun Art Retail Group (HKG:6808) expects a net loss of between 1.6 billion yuan to 1.7 billion yuan for the year ended March 31, 2024, compared with a net profit of 78 million yuan in the previous year
Changes in Hong Kong stocks | Gaoxin Retail (06808) fell more than 5% after the warning, impairment losses dragged down profits and estimated annual losses of more than 1.6 billion yuan
Gaoxin Retail (06808) fell by more than 5% after the announcement. As of press release, it was down 5.52% to HK$1.37, with a turnover of HK$10.353,200.
Gaoxin Retail (06808) is expected to achieve a net loss of about 1.6 billion yuan to 1.7 billion yuan year-on-year profit and loss
Gaoxin Retail (06808) issued an announcement. It is expected that for the year ending March 31, 2024, according to the Hong Kong Financial Report...
SUNART RETAIL: PROFIT WARNING
Gaoxin Retail (06808) granted a total of 25 million share options
Gaoxin Retail (06808) announced that on March 27, 2024, in accordance with the terms of the share option plan, the company...
Changes in Hong Kong stocks | Gaoxin Retail (06808) reversed the market and rose more than 9%, Shen Hui became an executive director and CEO. The company plans to open 15 more M member stores within three years
Gaoxin Retail (06808) reversed the market and rose by more than 9%. As of press release, it rose 5.67% to HK$1.49, with a turnover of HK$12.6072 million.
Gaoxin Retail (06808): Shen Hui appointed as Executive Director
Gaoxin Retail (06808) issued an announcement. (1) Starting from March 26, 2024, Lin Xiaohai will resign as the company manager...
These 4 Measures Indicate That Sun Art Retail Group (HKG:6808) Is Using Debt Extensively
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know wor
Zhitong Hong Kong Stock Exchange Unravels | Easing expectations revive capital attacks the direction of economic recovery
After the Federal Reserve's seat was settled, backward Hong Kong stocks finally rebounded and went short. They remained above the gap throughout the day, and closed up 1.93%.
Changes in Hong Kong stocks | Gaoxin Retail (06808) rose more than 5%, the first Da Runfa Super company in Zhuhai denies being sold by Ali to COFCO
Gaoxin Retail (06808) rose more than 5%. As of press release, it rose 5.38% to HK$1.37, with a turnover of HK$205.12,800.
Sun Art Retail Group to Vote on Renewal of Contracts With Alibaba Affiliates; Shares Rise 3%
Sun Art Retail Group (HKG:6808) shareholders will meet in Hong Kong on March 26 to vote on the renewal of contracts with affiliates of Alibaba Group (HKG:9988) for another three years, according to a Friday filing with the Hong Kong bourse.
Changes in Hong Kong stocks | Gaoxin Retail (06808) fell more than 5% and recently closed stores intensively in many places. The CEO responded that a painful period was inevitable
Gaoxin Retail (06808) fell by more than 5%. As of press release, it was down 5.3% to HK$1.25, with a turnover of HK$9.743 million.
Sun Art Retail Group Limited (HKG:6808) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Sun Art Retail Group Limited (HKG:6808) shares have had a really impressive month, gaining 35% after a shaky period beforehand. Still, the 30-day jump doesn't change the fact that longer term share
Changes in Hong Kong stocks | Gaoxin Retail (06808) is now up more than 8%, Ali is likely to sell or speed up Gaoxin's loss, UBS says the company's market value is seriously undervalued
Gaoxin Retail (06808) is now up more than 8%. As of press release, it has risen 8.06% to HK$1.34, with a turnover of HK$11.423,300, and a total market value of HK$12.783 billion.
Investors in Sun Art Retail Group (HKG:6808) From Five Years Ago Are Still Down 80%, Even After 7.3% Gain This Past Week
Sun Art Retail Group Limited (HKG:6808) shareholders should be happy to see the share price up 27% in the last month. But spare a thought for the long term holders, who have held the stock as it bl
Changes in Hong Kong stocks | Gaoxin Retail (06808) rose more than 5% at the end of the session, DARF announced that it will open 21 new stores, UBS says the company's market value is seriously undervalued
Gaoxin Retail (06808) rose more than 5% at the end of the session. As of press release, it rose 5.51% to HK$1.34, with a turnover of HK$16.555 million.
Changes in Hong Kong stocks | Gaoxin Retail (06808) rose nearly 5%, UBS says its market value seriously underestimates Ali's potential sale or speed up the company's loss
Gaoxin Retail (06808) rose nearly 5%. As of press release, it rose 4.88% to HK$1.29, with a turnover of HK$6.416,500.
Big Bank Ratings | UBS: Maintaining Gaoxin Retail's “Buy” Rating and Lowering Target Price to HK$2.08
UBS released a research report stating that while maintaining Gaoxin's retail “buy” rating, the target price was lowered from HK$2.3 to HK$2.08, mainly because the Group diversified from traditional supermarket business to member stores, and promoted improvements in capital application and operating efficiency. Ali's potential sale may speed up Gao Xin's reversal of losses, because the group may close loss-making stores in non-core regions, and labor arrangements will be more efficient. Although provision expenses may occur in the short term, they can increase annual profits in the long run. According to the report, news circulating in the market is that Alibaba is considering reducing its retail asset holdings, driving up the company's stock price. According to reports, Ali is on the same page with strategic investors
Changes in Hong Kong stocks | Gaoxin Retail (06808) rose more than 7% in 6 trading days, rising 28%, Ali may potentially speed up monetization of non-core assets
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.
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