6808.HK - Sun Art Retail Group Limited

HKSE - HKSE Delayed Price. Currency in HKD
8.130
-0.040 (-0.490%)
At close: 4:09PM HKT
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Previous Close8.170
Open8.280
Bid8.120 x 0
Ask8.130 x 0
Day's Range8.070 - 8.280
52 Week Range5.980 - 9.280
Volume10,325,523
Avg. Volume12,577,538
Market Cap77.558B
BetaN/A
PE Ratio (TTM)27.10
EPS (TTM)0.300
Earnings DateFeb 12, 2018 - Feb 16, 2018
Forward Dividend & Yield0.23 (2.91%)
Ex-Dividend Date2017-05-16
1y Target Est8.27
  • Thomson Reuters StreetEvents4 days ago

    Edited Transcript of 6808.HK earnings conference call or presentation 10-Nov-17 9:30am GMT

    Q3 2017 Sun Art Retail Group Ltd Earnings Call (Chinese, English)

  • Market Realist5 days ago

    Why Alibaba Has Invested in China’s Sun Art Retail Group

    Online giant Alibaba (BABA) is investing 22.4 billion Hong Kong dollars (about $2.9 billion) in China’s largest grocery retailer, Sun Art Retail Group. In this series, we'll take a look at the deal and ...

  • Reuters9 days ago

    BRIEF-Sun Art Retail Group Enters Business Cooperation Agreement With Alibaba Zetai

    Dec 8 (Reuters) - Sun Art Retail Group Ltd: * ALIBABA ZETAI ENTERED INTO BUSINESS COOPERATION AGREEMENT WITH CO AND ITS UNITS AUCHAN CHINA AND RT MART CHINA Source text for Eikon: Further company coverage:...

  • Market Realist15 days ago

    Alibaba Invests Another $2.9 Billion in Food Retail

    Alibaba (BABA) is investing $2.9 billion in a 36% stake in China’s supermarket operator Sun Art Retail Group.

  • Alibaba Pushing Deeper Into Offline and Grocery Retail
    GuruFocus.com25 days ago

    Alibaba Pushing Deeper Into Offline and Grocery Retail

    Don’t expect immediate top-line growth from recent investments. Exercise caution at current levels

  • Barrons.com25 days ago

    Alibaba: When Online Goes Off

    The next wave of online shopping is happening offline--and Alibaba (BABA) made a big move in that direction yesterday with the announcement that it would buy more than a third of Sun Art Retail Group (6808.Hong Kong), a Chinese supermarket chain. Remember, Amazon.com (AMZN) made a big splash with its purchase of Wholefoods Market, and has also opened book stores. Wal-Mart Stores (WMT) went the other way by buying Jet.com.

  • Forbes25 days ago

    Alibaba Takes Next Step In 'New Retail' With $2.9 Billion Investment

    Alibaba announced its plans to invest HK$22.4 billion ($2.9 billion) for a 36% stake in Sun Art Retail Group, the largest operator of supermarkets or hypermarkets in China. In this note we take a look at how this move fits into the company’s broader strategic plan.

  • The Wall Street Journal25 days ago

    [$$] Alibaba to Buy Big Stake in Wal-Mart China Rival

    E-commerce giant Alibaba is adding to its already-sizeable bet on brick-and-mortar, saying it will pay $2.88 billion for a 36% stake in China’s second-largest big-box retailer, Sun Art Retail.

  • Reuters26 days ago

    BRIEF-Auchan says has not been approached by Amazon for deals in Europe

    Nov 20 (Reuters) - Auchan Retail CEO Wilhelm Hubner tells a conference call with journalists that: * Auchan has not been approached by Amazon for deals in Europe * Deal announced with Alibaba is limited ...

  • Alibaba goes offline with $2.9 billion stake in China's top grocer
    Reuters26 days ago

    Alibaba goes offline with $2.9 billion stake in China's top grocer

    Internet giant Alibaba Group Holding Ltd (BABA.N) said on Monday it would invest HK$22.4 billion ($2.87 billion) for a major stake in China's top hypermart operator, Sun Art Retail Group Ltd , part of a wider push into offline retail. As part of an alliance with Auchan Retail S.A. [AUCH.UL] and Ruentex Group, Alibaba would buy the stake from Ruentex while Auchan Retail would boost its stake, the three companies said in a joint statement. The alliance would target opportunities in China's $500 billion food retail sector, as Alibaba races to build big-data capabilities in the offline retail market where roughly 85 percent of sales are made.

  • Reuters26 days ago

    Alibaba goes offline with $2.9 bln stake in China's top grocer

    Internet giant Alibaba Group Holding Ltd said on Monday it would invest HK$22.4 billion ($2.87 billion) for a major stake in China's top hypermart operator, Sun Art Retail Group Ltd, part of a wider push into offline retail. As part of an alliance with Auchan Retail S.A. and Ruentex Group, Alibaba would buy the stake from Ruentex while Auchan Retail would boost its stake, the three companies said in a joint statement.

  • Bloomberg26 days ago

    Alibaba Raids the Clearance Bin

    Sun Art won't do for the Chinese e-commerce giant what Whole Foods promises for Amazon.

  • Barrons.com26 days ago

    Alibaba to Acquire Sun Art Stake for $2.88 Billion

    Chinese e-commerce giant Alibaba (BABA) has expanded its presence in traditional bricks-and-mortar retailing with the acquisition of  a 36.16% stake in China hypermarket operator Sun Art Retail Group for HKD$22.4 billion ($2.88 billion), which operates 490 outlets across China. Hangzhou-based Alibaba will form a strategic alliance with France's Auchan Retail and Ruentex Group, the Chinese internet giant said in a press release. At the same time, Auchan is also upping its stake in Sun Art.

  • Reuters27 days ago

    BRIEF-Sun Art Retail ‍announces acquisition of interest in co

    Nov 20 (Reuters) - Sun Art Retail Group Ltd * ‍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 ...

  • Alibaba to Pay $2.9 Billion in Joint Pact for Sun Art Stake
    Bloomberg27 days ago

    Alibaba to Pay $2.9 Billion in Joint Pact for Sun Art Stake

    Alibaba Group Holding Ltd. agreed to acquire a stake in China’s largest operator of Wal-Mart-style hypermarkets for about $2.9 billion, forming an alliance as the Internet giant makes its latest bet on ...

  • Reuters27 days ago

    BRIEF-Alibaba Group, Auchan Retail and Ruentex form new retail strategic alliance​

    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 ...

  • Alibaba Group, Auchan Retail and Ruentex Form New Retail Strategic Alliance
    Business Wire27 days ago

    Alibaba Group, Auchan Retail and Ruentex Form New Retail Strategic Alliance

    Alibaba Group Holding Limited , Auchan Retail S.A. and Ruentex Group today announced a strategic alliance that brings together their online and offline expertise to explore new retail opportunities in China’s food retail sector.

  • Reuterslast month

    BRIEF-Sun Art Retail Group shares on trading halt

    Nov 13 (Reuters) - Sun Art Retail Group Ltd * Trading in shares of co suspended at 9:00 a.m. on Monday 13 Nov Source text for Eikon: Further company coverage:

  • Reuterslast month

    BRIEF-Sun Art Retail Group says 9-month net profit RMB2.32 bln

    Nov 10 (Reuters) - Sun Art Retail Group Ltd: * 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​ Source text ...

  • Thomson Reuters StreetEvents7 months ago

    Edited Transcript of 6808.HK earnings conference call or presentation 9-May-17 11:45pm GMT

    Q1 2017 Sun Art Retail Group Ltd Earnings Call (Chinese, English)

  • Reuters9 months ago

    Chinese supermarkets pull Brazil meat from shelves as food safety fears grow

    Some of China's largest food suppliers have pulled Brazilian beef and poultry from their shelves in the first concrete sign that a deepening scandal over Brazil's meat processing industry is hitting business in its top export market. The moves by Sun Art Retail Group, China's biggest hypermarket chain, and the Chinese arms of global retail giants Wal-Mart Stores Inc and Metro AG come days after China temporarily suspended Brazilian meat imports.

  • Reuters10 months ago

    China's Sun Art's 2016 profit up 5.2 pct, beats forecast

    Hypermarket operator Sun Art Retail Group Ltd on Sunday posted a 5.2 percent rise in 2016 net profit, beating forecasts, as steady demand from lower-tier cities helped offset growing pressure from the ...

  • Alibaba Buying Into Sun Art Retail for $2.9B
    Bloomberg Video27 days ago

    Alibaba Buying Into Sun Art Retail for $2.9B

    Nov.19 -- Jack Ma is pushing further into the brick and mortar retail space. Alibaba is acquiring a controlling stake in China's largest hypermarket operator for about $2.9B. Bloomberg's Stephen Engle reports on "Bloomberg Daybreak: Asia."