BUZZ-Sun Art Retail falls most in 8 weeks on management rejig

Reuters

2025/02/28

** Sun Art Retail Group 6808.HK slips 7.3% to HK$1.78; set for biggest one-day pct decline since January 3

** Stock on track to snap three straight sessions of gains

** Chinese hypermarket chain's chairman Huang Ming-Tuan resigns with immediate effect, along with two directors

** Co appoints Julian Juul Wolhardt, co-founder and CEO of DCP Capital, as chairman; two directors also named

** YTD, stock drops 27.4%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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