Understanding the Market | CEC INT'L HOLD's afternoon increase expanded by over 300% operating "759 A Xin House" in Hong Kong
CEC International surged in volume today, with afternoon gains expanding over 300%. As of the time of writing, it rose 298.44% to HKD 0.51, with a transaction amount of HKD 43.6686 million. Public information shows that CEC International's business includes the design and production of various types of electronic coils and local retail operations. The group established 759 Aixin House on July 7, 2010, developing local retail business based on the consumption model of Japanese living areas, providing customers with a comfortable shopping environment and a wide variety of products. 759 Aixin House actively expands its procurement areas, importing not only food but also frozen foods, alcoholic beverages, household goods, kitchenware, and personal care products. According to reports from the Science and Technology Innovation Board Daily, JD.com acquired Hong Kong Jiabao, with media reports claiming the acquisition amount was HKD 4 billion. Journalists learned from exclusive sources that the actual transaction amount is far less than this, and JD.com will further enrich the quality supply in Hong Kong's retail consumer market through its supply chain advantages, with specific official information expected to be announced in August
According to Zhitong Finance APP, CEC International (00759) surged significantly today, with an afternoon increase of over 300%. As of the time of writing, it has risen by 298.44%, trading at HKD 0.51, with a transaction volume of HKD 43.6686 million.
Public information shows that CEC International's business includes the design and production of various types of electronic coils and local retail operations. The group established 759 Aixin House on July 7, 2010, developing local retail business based on the consumption model of Japanese living areas, providing customers with a comfortable shopping environment and a wide variety of products. 759 Aixin House actively expands its sourcing areas, importing not only food but also frozen foods, alcoholic beverages, household goods, kitchenware, and personal care products.
According to the Science and Technology Innovation Board Daily, JD.com has acquired Hong Kong's Jiabao, with media reports claiming the acquisition amount is HKD 4 billion. However, exclusive sources indicate that the actual transaction amount is far less than this, and JD.com will 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
