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China Resources

China Resources Archives

Hong Kong’s City’Super supermarket chain sale sparks strong interest

Investment groups China Resources and Yonghui Superstores, as well as some private individuals, are among potential buye...

Alibaba-Sun Art deal a ‘major step’ in China’s retail landscape

This week’s Alibaba-Sun Art deal is a major step in the development of a new retail landscape in China.  

Asia Beauty Group deal for ‘beauty park’

A China/Macau consortium has signed an agreement with Asia Beauty Group Holding to open a “beauty park” in Grand MixC, H...

eCommerce erodes Sun Art Retail profits

Challenged by eCommerce, Sun Art Retail Group has posted a 1 per cent gain in net profit for its first nine months.

Funding will deliver for Meituan-Dianping

O2O service provider Meituan-Dianping has received funding from China Resources’ startup investment fund.

McDonald’s Asia to sell 2800 restaurants

McDonald’s Asia is preparing to sell some 2800 restaurants across Asia as it introduces a new business model in its fast...

eCommerce hits Sun Art profits

Sun Art, China’s largest hypermarket chain, sees profits fall 15.7 per cent in its first yearly decline since listing in...

Riverside 66 wins top MIPIM Asia Retail award

Chinese mall project Riverside 66 won Gold, the top honour in the retail category of this year’s MIPIM Asia Awards hande...

Walmart China partner sells out

Walmart China’s local business partner wants out of its joint venture.

Tesco China stores rebranded

Tesco China is rebranding its stores under majority partner China Resources’ Vanguard banner.