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Lianhua Supermarket Holdings Co Ltd (0980.HK)

0980.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Lianhua Supermarket Holdings Co says HY loss attributable RMB4.8 mln
Monday, 28 Aug 2017 09:30am EDT 

Aug 28 (Reuters) - Lianhua Supermarket Holdings Co Ltd <0980.HK>:HY turnover about RMB13,238 million, down about 6 percent.HY loss for period attributable to owners of company RMB4.8 million versus profit of RMB2.9 million.  Full Article

Lianhua Supermarket expects to record a net loss HY 2017
Monday, 24 Jul 2017 05:15am EDT 

July 24 (Reuters) - Lianhua Supermarket Holdings Co Ltd <0980.HK>:Expected to record a net loss ranging from approximately rmb4 million to rmb5 million for six months ended 30 june 2017.Expected net loss is mainly attributable to continuous shrinking market demand, consumer traffic diversion.  Full Article

Lianhua Supermarket Holdings updates on share transfer deals and resumption of trading
Monday, 29 May 2017 12:27am EDT 

May 29 (Reuters) - Lianhua Supermarket Holdings Co Ltd <0980.HK>:Application has been made to stock exchange for resumption of trading with effect from 1:00 p.m. On 29 May 2017.Was informed on 26 May Shanghai Yiguo E-Commerce entered into share transfer agreement with Alibaba (China) Technology Co​.‍shanghai Yiguo E-Commerce Co agreed to transfer 201.5 million domestic shares of co to Alibaba (China) Technology Co​.Informed that on 26 may 2017, shanghai yiguo e-commerce co., ltd entered into share transfer agreement with Bailian Group Co., Ltd.‍shanghai Yiguo E-Commerce Co agreed to transfer 22.4 million domestic shares of co to Bailian Group​.  Full Article

Lianhua Supermarket says impairment provisions will decrease RMB505 million in equity attributable to owners
Wednesday, 29 Mar 2017 11:03am EDT 

Lianhua Supermarket Holdings Co Ltd <0980.HK> : Co's provisions for impairment of equity investments in subsidiaries will result in decrease of RMB505 million in equity attributable to owners .Provisions have no effect on (losses) earnings attributable to owners for FY 2016..  Full Article

Lianhua Supermarket's unit subscribes product from Wenzhou Bank for RMB400 mln
Tuesday, 24 Jan 2017 05:35am EST 

Lianhua Supermarket Holdings Co Ltd <0980.HK> : Unit Lianhua Huashang, subscribed for Wenzhou Bank Wealth Management product from Wenzhou Bank in amount of RMB400 million .Board considers that such utilization of funds does not cause any adverse impact on working capital of co.  Full Article

Lianhua Supermarket enters into sales framework agreement with Hualian Gms
Monday, 5 Dec 2016 06:55am EST 

Lianhua Supermarket Co Ltd <0980.HK>: Company entered into sales framework agreement with hualian gms . Company (and/or its subsidiaries) agreed to supply various kinds of goods to hualian gms .sales framework agreement is for a term commencing from 1 january 2017 and ending on 31 december 2019.  Full Article

Lianhua Supermarket issues profit warning
Wednesday, 12 Oct 2016 06:02am EDT 

Lianhua Supermarket Co Ltd <0980.HK> : Group's net loss for nine months ended 30 september 2016 is expected to increase by approximately 20% to 40% yoy . Expected increase in loss is mainly attributable to shrinking market demand .Expects financial results of co for twelve months ending 31 Dec is likely to assume net loss trend.  Full Article

Lianhua Supermarket Co Ltd issues profit warning<0980.HK>
Friday, 22 Jul 2016 04:49am EDT 

Lianhua Supermarket Co Ltd <0980.HK>: Profit warning <0980.HK> . Says the expected profit decrease is mainly attributable to the downward trend of prc's macro-economic growth . Group's net profit for the six months ended 30 June 2016 is expected to significantly decrease by approximately 80% to 90% .  Full Article

Lianhua Supermarket Holdings issues FY 2015 profit warning
Friday, 29 Jan 2016 09:48am EST 

Lianhua Supermarket Holdings Co Ltd:Expected to record a net loss ranging from approximately RMB450 million to RMB500 million for the year ended 31 December 2015.Expected net loss is mainly attributable to substantial decrease in investment income of the group.Expected result due to slowing down of PRC's economic growth, impact of e-Commerce posed on traditional retail industry.  Full Article

Lianhua Supermarket Holdings Co Ltd says entered into sales agency framework agreement
Friday, 29 Jan 2016 08:05am EST 

Lianhua Supermarket Holdings Co Ltd:Announcement continuing connected transactions.Company entered into the sales agency framework agreement with bailian omni-channel.Pursuant to deal, bailian finance to provide group with deposit, withdrawal and settlement services for three years.Expected maximum platform usage fee payable by group under agreement for 2016, 2017 and 2018 are RMB12 million, RMB18 mln,rmb24 million.  Full Article

BRIEF-Lianhua Supermarket announces Lianhua Huashang's subscription for SPDB wealth management product

* Lianhua Huashang subscribed for SPDB Wealth Management Product from SPDB in amount of RMB300 million Source text for Eikon: Further company coverage: