SUNART RETAIL (06808) surged more than 3%, reaching HK$1.74 by the time of writing, with a trading volume of HK$5.3693 million. The company recently announced that Li Weiping has been appointed as Executive Director and CEO, while Shen Hui resigned from the same positions due to family reasons, effective December 1, 2025. Li Weiping brings 26 years of retail experience, having previously served as Regional General Manager of Beijing North at Freshippo (Hema), CEO of Hema Fresh, and Chief Merchandising Officer at Hema.

UBS expressed optimism about SUNART RETAIL's transformation plan but remained cautious about short-term prospects due to intense competition in online delivery platforms and the ongoing upgrade of offline food retail stores. The bank noted that RT-Mart's product competitiveness could improve through management's initiatives to reduce SKUs, optimize store footprints, and accelerate new product launches. Management aims to increase the sales contribution of private-label products from the current 3% to 10% within three years, with a long-term target of 20%.