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2024-04-23 07:30:00 ET Summary Sun Art lost 1.7 billion yuan in its latest fiscal year, as it tries to overhaul its business in the face of competition from grocers with stronger online components. The loss owed largely to store closure-related charges and the company’s fal...
Summary Since 2020, insiders Masa Son, Jack Ma, and Joe Tsai have done nothing but sell shares of Alibaba. The trio has sold North of $40 billion of stock since 2020. Tsai recently registered to sell an additional $260 million. Competition from JD.com and Pinduoduo is beginning to s...
Investors continued to take profit off stocks that had seen a good run-up year-to-date and redeployed some proceeds into energy and materials names as well as reopening trades. Chinese equities were particularly hard-hit amidst the fanning of the flames of U.S.-China political te...
By ALT Perspective With a week choke-full of earnings beats at several Chinese Internet companies, we should have been celebrating a surge in share prices. Not forgetting that we started the week on a strong footing given the long-awaited confirmation that Alibaba Group's ( BABA ) Hong...
The following slide deck was published by Sun Art Retail Group Ltd. ADR in conjunction with their 2017 Q4 earnings Read more ...