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SUNART RETAIL

1.880

+0.0301.62%

Volume:1.86M

Turnover:3.48M

Market Cap:17.93B

PE:-10.42

High:1.900

Open:1.850

Low:1.840

Close:1.850

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Overview Company News Filings

BUZZ-Sun Art slumps most on record after Alibaba agrees to sell stake

Shares of Sun Art Extend Losses, Down More Than 30%

THOMSON REUTERS

Hong Kong Shares of Alibaba Set to Open Flat

THOMSON REUTERS

Shares of Sun Art Set to Open Down 14.9% After Alibaba Agrees to Sell Stake in the Hypermarket Chain to Dcp Capital

THOMSON REUTERS

Alibaba to Sell Stake in Chinese Hypermarket Operator

China's Alibaba to sell Sun Art stake to DCP for $1.6 billion

Alibaba to Sell Sun Art to Buyout Firm DCP for $1.6 Billion

Sun Art Retail Group Limited (HKG:6808) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Simply Wall St.

BRIEF-Sun Art Retail Has Not Received From Potential Offeror Any Firm Intention

Sun Art Retail - as at Nov 14, Co Has Not Received From Potential Offeror Any Firm Intention to Proceed With Possible Offer

THOMSON REUTERS

Here's What's Concerning About Sun Art Retail Group's (HKG:6808) Returns On Capital

Simply Wall St.

Sun Art Retail Returns to Profit in Fiscal H1

MT Newswires Live

BRIEF-Sun Art Retail Posts HY Revenue RMB34,708 Million

Sun Art Retail - Hy Revenue RMB34,708 Mln

THOMSON REUTERS

Sun Art Retail Group H1 Operating Margin 1.8%

THOMSON REUTERS

Sun Art Retail Group H1 Operating Profit RMB 621 Million

THOMSON REUTERS

Sun Art Retail Group H1 Gross Margin 24.6%

THOMSON REUTERS

Sun Art Retail Group H1 Gross Profit RMB 8,526 Million

THOMSON REUTERS

Sun Art Retail Group H1 Net Income RMB 186 Million

THOMSON REUTERS

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to possible transactions back in Oct-24,\" Jefferies said in a note, adding that the sale of Sun Art aligned with strategies   ** Hong Kong shares of Alibaba slip 0.7%   ** The Hang Seng Commerce & Industry Index    falls 1.1%, the Hang Seng Consumption Index    eases 1% and the Hang Seng Index    drops 1.4%  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to Sell Stake in Chinese Hypermarket Operator","url":"https://stock-news.laohu8.com/highlight/detail?id=2500957199","media":"Dow Jones","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2500957199?lang=en_us&edition=fundamental","pubTime":"2025-01-02 07:54","pubTimestamp":1735775640,"startTime":"0","endTime":"0","summary":"Alibaba Group has agreed to sell its shares in a Chinese hypermarket operator in a $1.7 billion deal, the latest divestment as part of the company's efforts to focus on its core e-commerce business.The company will sell its entire 78.7% stake in Hong Kong-listed Sun Art Retail Group to Chinese private-equity firm DCP Capital Partners for gross proceeds of up to $1.6 billion, Alibaba said Wednesday.Alibaba expects to book a divestment loss of nearly $1.8 billion based on the estimated fair value of the consideration receivable for the sale of shares.The e-commerce giant had bought a controlling stake in the hypermarket store operator in 2020 for $3.6 billion.In a filing to the Hong Kong exchange Wednesday, Sun Art said that the acquirer plans to delist the company and conduct a strategic review of the hypermarket operator's businesses.Once a Wall Street favorite and a leader in China's e-commerce, Alibaba is facing challenges in growing its revenue. The company is losing some of its mar","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0348825331.USD","BK4527","LU0348805143.USD","LU0128522744.USD","BK1501","LU1439103000.SGD","LU0823397285.USD","LU1810669033.SGD","LU0589944569.HKD","LU1242518857.USD","LU0708995583.HKD","LU0164865239.USD","BK4535","LU1993786604.SGD","BABA","LU2399975544.HKD","BK4534","LU0127658192.USD","LU0541501648.USD","LU1188198961.HKD","LU1008478684.HKD","LU0541502299.USD","LU2097828474.EUR","LU0029874905.USD","SG9999001093.SGD","BK1584","BK4538","HBBD.SI","09988","LU0310800965.SGD","LU0370786039.SGD","LU0181495838.USD","HK0000306701.USD","06808","LU0868486357.SGD","BK4526","LU1115378108.SGD","IE00BZ08YR35.GBP","BK1517","89988","LU0261947096.USD","LU0828237510.HKD","LU1303224171.USD","LU0052750758.USD","IE00BMPRXN33.USD","LU0417516902.SGD","LU0244354667.USD","IE0003895053.USD","SG9999002463.SGD","BK1502"],"gpt_icon":1},{"id":"2500989346","title":"China's Alibaba to sell Sun Art stake to DCP for $1.6 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2500989346","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2500989346?lang=en_us&edition=fundamental","pubTime":"2025-01-01 20:06","pubTimestamp":1735733175,"startTime":"0","endTime":"0","summary":"BEIJING, Jan 1  - China's Alibaba Group Holding Ltd 9988.HK said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to Chinese private equity firm DCP Capital for HK$12.298 billion .The 78.7% share represents holdings held by Alibaba subsidiaries, according to a filing to the Hong Kong Stock Exchange. 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