YONGHUI SUPERSTORES CO., LTD
SSE or SZSE Delayed Price. Currency in CNY
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|Company Name||YONGHUI SUPERSTORES CO., LTD|
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- Oct 25 , 2018
China’s Yonghui Plans Supermarket JV With ParknShop, Tencent UnitsChinese supermarket chain Yonghui Superstores has agreed to form a joint venture with units of Hong Kong’s ParknShop and tech giant Tencent Holdings that combines Yonghui and ParknShop’s businesses in China’s southeastern Guangdong province.
- Feb 5 , 2018
Tencent Subsidiary Teams Up With Supermarket Chain Operator to Develop Smart RetailInternet giant Tencent Holdings Ltd. is to team up with another supermarket operator Better Life Commercial Chain Share Co. to further develop smart retail, after buying into supermarket chain operators including a subsidiary of Yonghui Superstores and Carrefour China,
- Dec 20 , 2017
Foreign Investors Scoop Up Zhejiang Shapuaisi Shares, Dump Yonghui Superstores in Volatile Trading SessionsOverseas institutional investors continued to invest in China’s A-share market with a net capital inflow over the last couple of days, undaunted by the recent seesaw movements. The Shanghai Stock Exchange and the Shenzhen Stock Exchange both rebounded yesterday. The Shanghai Composite Index approached the 3,300 mark once again, but the overall trading volume remained at a historic low.
- Dec 18 , 2017
Tencent Takes 5% of Yonghui Superstores SharesYonghui Superstores Co. [SHA:601933] disclosed details of its investment by China’s internet titan Tencent Holdings Ltd. [HK:0700] on Dec.15.
- Dec 13 , 2017
Yonghui Investors Smell Something Fishy About Trading Spike Ahead of Tencent InvestmentInvestors in Yonghui Superstores have questioned its jump in stock price on Dec. 8, which resulted in a trading suspension, ahead of Tencent’s imminent acquisition of a 5 percent stake in the retail firm.
- Dec 12 , 2017
Tencent Will Follow Alibaba Into New Retail Sector With 5% Stake in Yonghui SuperstoresTencent Holdings Ltd. [HK:0700] will acquire a five percent stake in one of China’s largest supermarket chain operators Yonghui Superstores Co. [SHA:601933], marking the internet leviathan’s entry into the new retail sector following similar moves by counterpart Alibaba Group Holding Ltd. [NYSE:BABA].
- Dec 8 , 2017
Yonghui Superstore Downplays Tencent’s Rumored Buy-In, Says Just NegotiatingTencent Holdings Ltd. [HK:0700] and Yonghui Superstores Co. [SHA:601933] are still in negotiations, and these do not necessarily relate to the expansion of Yonghui's Super Species or match the facts as media reported them, Securities Times said based on information it received from Yonghui.
- Dec 8 , 2017
Tencent Makes Heavy Investments in Fresh Food Brand Super Species to Compete With Alibaba’s Hema Fresh FoodChina’s internet titan Tencent Holdings Ltd. [HKG:0700] has made substantial new investments in Yonghui Superstores Co.'s [SHA:601933] fresh food brand ‘Super Species,’ which competes with Tencent’s rival Alibaba Group Holding Ltd.'s [NYSE:BABA] Hema Fresh Food. As Hema Fresh Food grows rapidly, Tencent has invested in a wide range of new retail projects in the second half of the year in a bid to catch up with Alibaba.
- Jul 3 , 2017
Yonghui Opens Two New ‘Super Species’ Stores to Expand Presence in ‘New Retail’ IndustryChinese retail conglomerate Yonghui Superstores Co. [SHA:601933] has ramped up efforts to expand its online businesses. It has set up two stores featuring a business model it names as “retail + catering + App” in Fuzhou, where it is headquartered, and Xiamen. It said it plans to introduce such stores to Hong Kong and Macau in the future.