HK TECH VENTURE (01137.HK) -0.010 (-0.935%) recently kicked off a "year-round price reduction campaign". Vice Chairman and Founder Ricky Wong wrote on social media that if only one supermarket ultimately remains in Hong Kong, with a market share as high as 65%, it would have no advantage whatsoever to suppliers, consumers or other competitors of all sizes.Jardine Matheson is in talks with CKH HOLDINGS (00001.HK) -0.350 (-0.500%) Short selling $95.07M; Ratio 23.019% to acquire the latter's PARKnSHOP supermarket business, with plans to merge it with Wellcome under DFI Retail Group, according to earlier hearsay. Related News M Stanley Ratings and TPs on China Biotech StocksWong noted that DFI has been recruiting an M&A Senior Manager to organize a team to execute the merger. Citing legal sources, he added that the transaction is expected to be completed before year-end.He believed that what HKTVmall can do is to expand its market share as soon as possible, increasing it from the current 10% to 20%. Otherwise, the market would fall into disorder and all Hong Kong people would be the losers. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-03 16:25.)
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