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Sources Say JD-SW Acquires Kai Bo for Far Below HKD4B; Official Information Expected in Aug
JD-SW (09618.HK) is reported to have acquired Hong Kong's "Kai Bo Food Supermarket". It is said that the two parties signed the agreement about four months ago, and t...
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Sources Say JD-SW Acquires Kai Bo for Far Below HKD4B; Official Information Expected in Aug
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JD-SW (09618.HK)  -2.000 (-1.500%)    Short selling $470.92M; Ratio 22.711%   is reported to have acquired Hong Kong's "Kai Bo Food Supermarket". It is said that the two parties signed the agreement about four months ago, and the acquisition included Kai Bo's retail network and properties for a transaction price of about HKD4 billion.

However, sources close to JD-SW revealed that the actual transaction amount was far less than the above figure. They also said that the company intends to leverage its supply chain advantages to further enrich the quality supply in Hong Kong's retail consumer market, with specific official information expected to be announced in August.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-24 16:25.)

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