Sun Art (6808 HK): Alibaba Takes Control
The Mulliez family exit the hypermarket operator, giving Alibaba majority control. That's a big vote of confidence for Sun Art.
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Nongfu Spring (å夫山ę³) IPO: Bottle Size Matters, Photos on the Ground
We visited a supermarket RT-Mart (å¤§ę¶¦å) and a convenience store Lianhua (čå) in Shanghai. We believe Nongfu Springās advantages are (1) plastic...
740 Views
Long Yonghui/Sell Sun Art: Sun Art's Overpriced for the Alibaba Ecosystem
In this note, we are looking at the China supermarket/hypermarket pair between Yonghui Superstores Co., (601933 CH) and Sun Art Retail (6808 HK)....
469 Views
Costco Wholesale (COST): Concerns Behind First-Day Crowd in China
We believe the first-day rush is just a one-time event. We believe Costco can hardly survive the market in China. Almost supermarkets are losing...
528 Views
HK Connect Ideas: Highlight of Hang Seng Quarterly Review (2019-08-16)
In our weekly HK Connect Snippet series, we aim to help our investors understand the flow of southbound trades via the Hong Kong Connect, as...
631 Views