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Sun Art Retail Group ( (HK:6808) ) has issued an update.
Sun Art Retail Group Limited has announced an extraordinary general meeting to discuss and approve proposed amendments to its employee trust benefit schemes. The amendments aim to update the Auchan and RT-Mart schemes, potentially impacting the company’s operational strategies and aligning its employee benefits with current market standards. This move could enhance Sun Art’s competitive positioning in the retail sector and influence stakeholder engagement.
The most recent analyst rating on (HK:6808) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Sun Art Retail Group stock, see the HK:6808 Stock Forecast page.
More about Sun Art Retail Group
Sun Art Retail Group Limited is a prominent player in the retail industry, primarily focusing on operating hypermarkets in China. The company is known for its Auchan and RT-Mart brands, catering to a wide range of consumer needs in the Chinese market.
Average Trading Volume: 13,612,154
Technical Sentiment Signal: Sell
Current Market Cap: HK$17.84B
Learn more about 6808 stock on TipRanks’ Stock Analysis page.