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China Silver Group Ltd. ( (HK:0815) ) has issued an announcement.
China Silver Group Ltd. and CSMall Group Ltd. announced the completion of a transaction involving the disposal of their 51% equity interest in Jiangsu Nongmuren, which marked their exit from the fresh food retail segment. This strategic move signifies a shift in focus for both companies, as they are no longer involved in the fresh food retail market, potentially allowing them to concentrate on their core business areas.
More about China Silver Group Ltd.
China Silver Group Ltd. and CSMall Group Ltd. are companies incorporated in the Cayman Islands, with China Silver primarily involved in the silver industry and CSMall operating in the retail sector. The companies have been focusing on various market segments, including fresh food retail through their control of Jiangsu Nongmuren.
YTD Price Performance: 2.50%
Average Trading Volume: 5,590,774
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$480.7M
Find detailed analytics on 0815 stock on TipRanks’ Stock Analysis page.