Lianhua Supermarket (00980.HK) announced its intention to sell all shares of Yangpu Century Lianhua to its major shareholder, Bailian Group. Through further asset divestment, the company aims to better focus on the development of its core businesses in Shanghai and Zhejiang. Yangpu Century Lianhua primarily operates large-scale hypermarkets in the Yangpu District of Shanghai and in Henan Province.
Lianhua Supermarket (00980.HK) plans to sell its businesses in Yangpu District and Henan Province to its major shareholder.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Market Insights
Hot Stock Hot Stock
Top HK stocks viewed in the last 24 hours, capturing market sentiment and key capital flow insights. Top HK stocks viewed in the last 24 hours, capturing market sentiment and key capital flow insights.
View More