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Suning Gains as Struggling Chinese Retailer Appoints Ex-Sun Art Head as Chairman Wang Hai Suning Gains as Struggling Chinese Retailer Appoints Ex-Sun Art Head as Chairman
(Yicai Global) July 30 Shares in Suning.com jumped as much as 6 percent today after the ailing Chinese retailing giant announced that it had appointed the former chairman of hypermarket operator Sun Art Retail Group, and the force behind the success of the RT Mart chain, as its new chairman.
Suning.com’s share price [SHE:002024] was trading up 1.38 percent at CNY5.89 (USD0.91) at 2 p.m. China time today. Earlier in the day it had reached CNY6.15. Yesterday the firm’s stock soared by the exchange-imposed limit of 10 percent.
Haviah Mighty s Thirteen wins 2021 Prism Prize for top Canadian music video
Director Theo Kapidistrias is this year s top winner of the Prism Prize for his work on the music video for Haviah Mighty s Thirteen, organizers said Monday.
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CBC News ·
Posted: Jul 26, 2021 9:00 PM ET | Last Updated: July 27
Hip-hop artist Haviah Mighty, pictured here, saw her music video Thirteen directed by Theo Kapidistrias win the 2021 Prism Prize on Monday night. The award comes with a $20,000 prize.(Courtesy of Haviah Mighty)
Suning founder steps down after stake sale By WANG ZHUOQIONG | CHINA DAILY | Updated: 2021-07-14 09:52 Share CLOSE A man passes a Suning.com outlet in Shanghai in May. [Photo by Chen Yuyu/For China Daily]
Suning.com s billionaire founder Zhang Jindong has resigned as chairman during a leadership shuffle which put an end to his reign of the debt-ridden e-commerce retailing conglomerate, as its new and more diversified shareholder structure is expected to embark on a brighter future for the company.
Shares of Suning.com reacted on the Shenzhen bourse by jumping 1.3 percent to finish on Tuesday at 6.25 yuan (96 cents), having hit a session peak of 6.44 yuan.