When Hong Kongers rush across the border to shop at Sam’s Club Shenzhen on weekends, leading Mainland hypermarket chain RT-Mart can only look on with envy. Its parent, Sun Art Retail Group Ltd. (6808.HK), issued a sudden profit warning this month, saying it tumbled into the red during its latest fiscal year through March 2024 to the tune of a 1.6 billion yuan ($220 million) loss for the year, reversing a slight 78 million yuan profit the previous year.
作者劉智恒,本文僅代表個人觀點
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