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These 4 Measures Indicate That Wangfujing Group (SHSE:600859) Is Using Debt Reasonably Well
Wangfujing Group (600859.SH): Has not entered into business cooperation with Pangdongyang.
On August 9th, Geelonghui reported that Wangfujing Group (600859.SH) stated on the investor platform that the company has not yet cooperated with Pandenglai on business.
Haitong Int'l: In June, the decline in offshore duty-free sales in Hainan narrowed slightly, and the introduction of new policies is expected to restore market expectations.
In the first half of 2024, Hainan's offshore duty-free sales amounted to 18.5 billion yuan, a 30% decrease year-on-year. Although the overall sales have declined, monthly data shows that the decline is gradually narrowing.
Wangfujing Group (600859.SH): Cumulative repurchase of 0.52% of the company's shares.
On August 2, Glorious Sun Limited announced that as of July 31, 2024, the company has cumulatively repurchased 5.91 million shares of the company through centralized bidding trading, and the repurchased shares account for 0.52% of the total share capital. The highest transaction price for repurchase was 14.33 yuan/share, the lowest was 12.50 yuan/share, and the total amount paid was RMB 79.369633 million (excluding transaction fees such as commission and transfer fees). Wangfujing Group is the Chinese name of the company (600859.SH).
Investor Optimism Abounds Wangfujing Group Co., Ltd. (SHSE:600859) But Growth Is Lacking
Wangfujing Group (600859.SH): Some of its affiliated stores have cooperative merchants selling imported olive oil and other edible oils.
On July 19, GeLongHui reported that Wangfujing Group (600859.SH) stated on its investor interaction platform that some of its affiliated stores have partnered with merchants to sell imported edible oils such as olive oil.
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