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Shares In China’s Biggest Appliance Retailer Rise After Billionaire Charman Adds Shares

Shares in Suning Commerce Group,  China’s biggest appliance retailer, rose 1% today after a company backed by its billionaire chairman said it had increased its stake. Suning Appliance Group bought a total of 36.7 million shares, or 0.5% of the listed company, for 182.8 million yuan, or $29.7 million, between June 19  and 27, according to [...]
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