GO
| HSI1 | 25,962.73 | -426.31 | 325.39B |
| HSCEI1 | 8,691.03 | -167.60 | 91.91B |
| Back Zoom + Zoom - Block Traded | |
|
Ricky Wong Hopes HKTVmall Quickly Expands Market Share to 20%
2026-05-15 09:16:59 HK TECH VENTURE (01137.HK) recently launched 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 bring no benefit to suppliers, consumers or other competitors of all sizes. Jardine Matheson is in talks with CKH HOLDINGS (00001.HK) to acquire the latter's PARKnSHOP supermarket business, with plans to merge it with Wellcome under DFI Retail Group, according to earlier hearsay. Wong 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. ~ AASTOCKS Financial News Website: www.aastocks.com | |