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Parkson Retail Group Limited (3368.HK)

HKSE - HKSE Delayed Price. Currency in HKD
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1.06-0.01 (-0.93%)
At close: 3:59PM HKT
Interactive chart
Previous Close1.07
Bid0.00 x
Ask0.00 x
Day's Range1.03 - 1.07
52 Week Range0.61 - 1.12
Avg. Volume3,962,003
Market Cap2.79B
PE Ratio (TTM)17.03
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Bloomberg2 years ago

    China Attacking Graft Hits Department Store Owner's Gift Cards

    China’s almost three-year long  crackdown on official corruption has taken down high-ranking "tigers", swatted low-level "flies", and curbed sales of Swiss watches and high-end liquor. “Since the new leadership two years ago and the crackdown to control the gift-giving culture, gift cards are no longer popular,” Parkson Chief Executive Officer  Shaun Chong Sui Hiong said in a recent interview. Gift cards as a portion of Parkson’s Beijing store sales fell to 30 percent in mid-2015, from 40 percent in 2012, and to about 12 percent from 16 percent nation-wide, according to Chong.

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