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Sun Art Retail Group Ltd (6808.HK)

6808.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Sun Art Retail Group Enters Business Cooperation Agreement With Alibaba Zetai
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Sun Art Retail Group Ltd <6808.HK>::ALIBABA ZETAI ENTERED INTO BUSINESS COOPERATION AGREEMENT WITH CO AND ITS UNITS AUCHAN CHINA AND RT MART CHINA.  Full Article

Sun Art Retail ‍announces acquisition of interest in co
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Sun Art Retail Group Ltd <6808.HK>:‍announces acquisition of 26.02% interest in sun art retail group limited by Taobao China Holding Limited​.Deal for hk$16.13 billion, representing per share value of hk$6.50.also announces offer by China International Capital Corp Hong Kong Securities on behalf of Taobao China to acquire Sun Art Retail.‍application made by co for resumption of trading in shares with effect from 9:00 a.m. On 20 Nov.  Full Article

Alibaba Group, Auchan Retail and Ruentex form new retail strategic alliance​
Monday, 20 Nov 2017 

Nov 19 (Reuters) - Alibaba Group Holding Ltd ::‍ALIBABA GROUP, AUCHAN RETAIL AND RUENTEX FORM NEW RETAIL STRATEGIC ALLIANCE​.ALIBABA GROUP -CO WILL INVEST A TOTAL OF ABOUT $2.88 BILLION TO OBTAIN DIRECT AND INDIRECT STAKE OF 36.16% IN SUN ART RETAIL BY BUYING SHARES FROM RUENTEX​.ALIBABA GROUP HOLDING- DEAL WILL GIVE AUCHAN RETAIL, ALIBABA GROUP AND RUENTEX ABOUT A 36.18%, 36.16%, AND 4.67% INTEREST IN SUN ART, RESPECTIVELY​.‍AUCHAN RETAIL IS ALSO INCREASING ITS STAKE IN SUN ART​.  Full Article

Sun Art Retail Group says 9-month net profit RMB2.32 bln
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Sun Art Retail Group Ltd <6808.HK>::9-month revenue RMB‍79.03 billin versus RMB77.32 billion a year ago.9-month net profit RMB 2.32 billion versus RMB 2.03 billion a year ago‍​.  Full Article

Sun Art Retail appoints Jean Chausse as new CFO, Jean Patrick Paufichet resigns<6808.HK>
Wednesday, 10 Aug 2016 

Sun Art Retail Group Ltd <6808.HK>: Voluntary announcement <6808.HK> . Resignation of Jean Patrick Paufichet as the chief financial officer of the company with effect from 14 November 2016 . Says appointment of Jean Chausse as the new chief financial officer of the company .  Full Article

Sun Art Retail Group posts HY net profit of RMB 1.43 billion<6808.HK>
Wednesday, 10 Aug 2016 

Sun Art Retail Group Ltd <6808.HK>: Interim results announcement for the six months ended 30 June 2016 <6808.HK> . HY revenue RMB 52.94 billion versus RMB 50.71 billion a year ago . HY net profit RMB 1.43 billion versus RMB 1.47 billion a year ago . No dividend for the six months ended 30 June 2016 has been declared .  Full Article

Sunart Retail Group says quarterly net profit RMB1.03 bln<6808.HK>
Thursday, 12 May 2016 

Sun Art Retail Group Ltd <6808.HK>: Sunart retail-unaudited results for the three months ended 31 March 2016 <6808.HK> . Qtrly revenue RMB31.01 billion versus RMB29.29 billion last year . Qtrly net profit RMB1.03 billion versus RMB1.06 billion last year .  Full Article

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China's Sun Art partners Alibaba to boost store efficiency; shares jump

HONG KONG Sun Art Retail Group, China's top hypermart operator, said on Friday its stores will use Alibaba Group Holding Ltd's software solutions and online transaction data to improve business efficiency, sending its shares up 5 percent.