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CSMall Group Limited ( (HK:1815) ) has issued an announcement.
CSMall Group Limited has completed the disposal of its 51% equity interest in a subsidiary that operated its fresh food retail segment, Jiangsu Nongmuren. This transaction marks CSMall’s exit from the fresh food retail market, potentially refocusing its resources on other business areas, and reflects a strategic shift in its business operations.
More about CSMall Group Limited
CSMall Group Limited, incorporated in the Cayman Islands, focuses primarily on the retail sector, specifically in the fresh food retail segment through its subsidiary operations.
YTD Price Performance: 23.33%
Average Trading Volume: 2,217,536
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$274.8M
Find detailed analytics on 1815 stock on TipRanks’ Stock Analysis page.